KONTAN.CO.ID - JAKARTA. Indonesia's state energy company PT Pertamina is expected to adjust some fuel prices, a cabinet minister said on Wednesday, amid media reports of a planned hike for higher-octane fuels and high global prices due to the war in Ukraine. Southeast Asia's largest economy has kept prices of its most widely used fuels unchanged so far, despite a spike in global oil prices, over concerns a hike could trigger a jump in inflation at a time when food prices are also rising. Local media reported that Pertamina may raise the price of its octane 92 gasoline, known as Pertamax, which the energy ministry has said currently costs 14,526 rupiah ($1.01) per litre.
Indonesia's Pertamina May Adjust Higher-Grade Fuel Prices on April 1
KONTAN.CO.ID - JAKARTA. Indonesia's state energy company PT Pertamina is expected to adjust some fuel prices, a cabinet minister said on Wednesday, amid media reports of a planned hike for higher-octane fuels and high global prices due to the war in Ukraine. Southeast Asia's largest economy has kept prices of its most widely used fuels unchanged so far, despite a spike in global oil prices, over concerns a hike could trigger a jump in inflation at a time when food prices are also rising. Local media reported that Pertamina may raise the price of its octane 92 gasoline, known as Pertamax, which the energy ministry has said currently costs 14,526 rupiah ($1.01) per litre.