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The Jakarta Post
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oil-price

Oil prices hit 5-month high as US crude stockpiles, dollar fall
Business 2 days ago

Oil prices hit 5-month high as US crude stockpiles, dollar fall

Brent crude ended the session up 74 cents, or 1.7 percent, at US$45.17 a barrel, while West Texas In...
Chevron to buy Noble for $5b in stock, biggest oil deal since price crash
Business 2 weeks ago

Chevron to buy Noble for $5b in stock, biggest oil deal since price crash

The purchase boosts Chevron’s investments in United States shale, and gives it Noble’s f...
Oil falls as worsening pandemic threatens recovery
Business 2 weeks ago

Oil falls as worsening pandemic threatens recovery

Oil prices dipped on Monday, weighed down by the prospect that a rise in the pace of coronavirus inf...
Govt to slash diesel subsidy 50%, generate trillions in 2021 savings
Business 1 month ago

Govt to slash diesel subsidy 50%, generate trillions in 2021 savings

The government plans to slash its diesel subsidy by 50 percent to generate trillions of rupiah in fu...
Shipping industry weathers pandemic, oil price storm
Business 1 month ago

Shipping industry weathers pandemic, oil price storm

The country’s sea freight industry has continued to see depressed demand as a result of t...
Stocks stutter on economy, second wave fears
Business 1 month ago

Stocks stutter on economy, second wave fears

Equities and oil sank Friday while the dollar rallied as investors ran for the hills following the w...
Oil prices get big impetus from supply cuts
Opinion 1 month ago

Oil prices get big impetus from supply cuts

While general euphoria around the world’s emergence from COVID-19 and demand recovery are fact...
SKK Migas lowers upstream oil and gas investment target this year
Business 1 month ago

SKK Migas lowers upstream oil and gas investment target this year

Indonesia has lowered its upstream oil and gas investment target by 15 percent this year amid contin...
Indonesia’s clean energy program faces setback, ETI ranking plunges
Business 2 months ago

Indonesia’s clean energy program faces setback, ETI ranking plunges

Indonesia’s ranking fell seven places to 70th out of 115 countries surveyed in this year&rsquo...
Oil rebounds in Asia after Saudi Arabia output cut
Business 2 months ago

Oil rebounds in Asia after Saudi Arabia output cut

United States benchmark West Texas Intermediate for June delivery was up 1.37 percent at US$24.47 a ...
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