CNN | Fuel Oil Price Will Increase if Crude Oil Hit US$120 per Barrel

The Executive Director of the Institute for Essential Services Reform (IESR) Fabby Tumiwa said that the increasing price of global oil has the potential to increase fossil fuels price as well. According to him, an increase has the potential to occur for diesel types or those with RON 92 levels and above because the selling price follows the latest production price.

Read more at CNN

Share on :

Leave a comment

Related Article

Measuring Indonesia's Financial Policy Support for Energy Transition

New York, September 24, 2024 – The energy transition has become a crucial global agenda as an effort to mitigate...
PLTS Atap

What is Solar Energy and How is it Developed in Indonesia?

Jakarta, December 19, 2022 – The role of energy is critical for increasing economic activity and national security. Thus, energy...
press release

Anticipate the Impact of Decreasing Coal Consumption to Prepare for Economic Transformation

Jakarta, September 27, 2023 – Indonesia has established various energy transition policies that will affect domestic coal consumption. Apart from...