The Indonesian government may lower the price of subsidized fuel if global oil prices decline to below $65 per barrel.
The Director General of Oil and Gas at the Energy and Mineral Resources Ministry in Indonesia, Tutuka Ariadji, has said that the government may be able to lower the price of subsidized fuel in the country if global oil prices decline. Ariadji noted that if oil prices reach $65 per barrel, then the price of … Read more