pertamax

Oil Prices Plummet to $83.75/Barel as U.S.-Iran Peace Deal Sparks Global Market Relief – Why Supply Tensions Are Easing

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Global oil prices plunged below $84 per barrel on Tuesday as reports of a preliminary U.S.-Iran agreement to restore diplomatic ties triggered a market rally, reducing fears of supply disruptions in one of the world’s most volatile energy regions. The benchmark Brent crude contract settled at $83.75—a 3.2% drop from Monday’s peak—while U.S. WTI crude … Read more

Pertamax Price Hike: Pertalite and Subsidized Fuel Prices to Remain Stable in Indonesia

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Indonesian government officials have observed no significant, immediate shift in consumer behavior toward subsidized Pertalite fuel following the recent adjustment in Pertamax prices. Purbaya Yudhi Sadhewa, Chairman of the Board of Commissioners at the Indonesia Deposit Insurance Corporation (LPS), noted that while fuel price fluctuations typically influence public spending, the transition from higher-grade fuel to … Read more