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Indonesia’s State Budget deficit Widens if the Oil Price Falls

JAKARTA (TheInsiderStories) - Finance ministry rated the changes in Indonesia Crude Price (ICP) will have an impact to the 2020 State Budget deficit, said the government official...

Oil Prices Falls for Second Straight Day

JAKARTA (TheInsiderStories) - United States (US) oil prices fell for the second straight day on Tuesday (11/18) amid market jitters over limited progress between...

Bank Indonesia Holds the Benchmark Rate at 6%

JAKARTA (TheInsiderStories) – Bank Indonesia through the Board of Governors' Meeting decided to maintain a 7-day Reverse Repo Rate (BI7DRR) at 6 percent by...

US’s EIA Raises Crude Oil Output Growth and Price

JAKARTA (TheInsiderStories) - United States' (US) Energy Information Administration (EIA) raised its forecasts for the country and global benchmark crude prices this year, The...

Morning Briefing: United States Oil Price Fell to the Lowest Level...

JAKARTA (TheInsiderStories) — Good morning! United States (US) crude oil prices fell to its lowest level in seven months at the end of trading...