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price-war

Explainer: What does the oil price crash mean for Indonesia?
Business 5 years ago

Explainer: What does the oil price crash mean for Indonesia?

US crude fell to negative value for first time in history on April 20 as the coronavirus crisis sapp...
Oil rallies as deal takes shape before key meeting
Business 5 years ago

Oil rallies as deal takes shape before key meeting

US benchmark West Texas Intermediate rose 4.6 percent to US$26.26 a barrel, while Brent crude, the i...
Crude reality: price crash means oil firms must slash spending
Business 5 years ago

Crude reality: price crash means oil firms must slash spending

Investment in oil exploration and production was set to hit just over half a trillion dollars this y...
Indonesia removes price floor for unsubsidized fuels amid global oil price war
Business 5 years ago

Indonesia removes price floor for unsubsidized fuels amid global oil price war

The Energy and Mineral Resources Ministry issued on Feb. 28 Ministerial Decree No. 62/2020 that eras...
Oil plunges about 30% after Saudi Arabia slashes prices, opens taps
Business 5 years ago

Oil plunges about 30% after Saudi Arabia slashes prices, opens taps

Oil fell by the most since 1991 on Monday after Saudi Arabia started a price war with Russia by slas...
‘If you don’t buy it’: Hashtag #TiketPesawatTidakMahal draws Twitter outburst
News 6 years ago

‘If you don’t buy it’: Hashtag #TiketPesawatTidakMahal draws Twitter outburst

The Twitter hashtag #TiketPesawatTidakMahal (AirfaresAreNotExpensive) has sparked a backla...
YLKI expects new airfare regulations to end price war
Business 6 years ago

YLKI expects new airfare regulations to end price war

The Transportation Ministry's new regulations set a higher price floor for domestic routes....
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