Hernanda Hannanto Investors await the Fed, oil prices move sideways ** Jakarta,- Oil prices stabilised as investors await the US Federal Reserve's decision on interest rate cuts. Market players are still watching the potential for further conflict in the Middle East... Sep 18, 2024
Hernanda Hannanto Indonesian Crude Oil Price (ICP) for June 2024 Drops to US$ 79.31 per Barrel ** Jakarta,- The Ministry of Energy and Mineral Resources (ESDM) has set the June 2025 Indonesian Crude Price (ICP) at US$ 79.31 per barrel. Head of the Communication, Public Information Services, and... Jul 10, 2024
Hernanda Hannanto Oil prices fall slightly due to China and the Fed ** Jakarta, - Crude oil prices on the spot market experienced a slight decline amid prospects for China's economic recovery to the prospect of lower US interest rates. In trading today, Tuesday (25/... Jun 25, 2024
Hernanda Hannanto OPEC+ reduces production, world crude oil prices 'boil' ** Jakarta,- Oil prices rose in Asian trade on Monday after OPEC+ extended production cuts until 2025, although speculation about a ceasefire in Gaza limited the increase. Based on Refinitiv, the wo... Jun 4, 2024
Hernanda Hannanto World Oil Prices Rise Ahead of OPEC+ Meeting ** Jakarta,- World oil prices rose on Tuesday trading local time (Wednesday WIB), ahead of the OPEC + meeting. As reported by Investing.com, Wednesday, May 29, 2024, the price of West Texas Intermed... May 29, 2024
Hernanda Hannanto Pertamina-Petronas Seeks New Oil Sources in Eastern RI ** Jakarta,-The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) said Pertamina and Petronas are currently actively looking for new sources of oil and gas reserves through... May 19, 2024
Hernanda Hannanto Oil Prices Rise Slightly, Market Awaits US Inflation Data & OPEC Meeting ** Jakarta,- World crude oil prices edged up, after hitting a 2-month low. The slight increase in oil prices occurred as market participants waited for upcoming US inflation indicators and monthly r... May 14, 2024
Hernanda Hannanto Oil Prices Start to Fade After US Releases Latest Labor Data ** Jakarta,- Compact crude oil prices opened lower in early trading today, after the release of United States (US) employment data that did not meet market expectations to ease geopolitical conflict... May 5, 2024
Hernanda Hannanto Bumi Resources Minerals (BRMS) Allocates USD 150 Million Capex in 2024 ** Jakarta,- PT Energi Mega Persada Tbk (ENRG) has budgeted a capital expenditure (capex) of USD 150 million for 2024 to be allocated for drilling activities, where these activities will be focused ... May 2, 2024
Hernanda Hannanto Geopolitical pressure in the Middle East eases, oil prices cool down! ** Jakarta,- World crude oil prices began to cool to four-week lows as geopolitical pressure between Israel-Iran began to ease. Quoting Refinitiv on Monday (22/4/2024) at 09.12 WIB, the price of Bre... Apr 21, 2024
Hernanda Hannanto Pertamina's Oil Production Surges Ahead of Eid Mudik Season ** Jakarta,- PT Pertamina Hulu Energi (PHE), the Upstream Subholding of PT Pertamina (Persero), revealed that domestic crude oil production ahead of the 2024 Ramadan and Idul Fitri (RAFI) homecomin... Mar 31, 2024
Hernanda Hannanto Sluggish Oil Prices, Oil and Gas PNBP Plummets to Rp17.8 Trillion as of March 15, 2024 ** Jakarta,- The realization of non-tax state revenue (PNBP) from the oil and gas and non-oil and gas sectors until mid-March 2024 has fallen in line with the downward trend in commodity prices. M... Mar 26, 2024