Refueling activities at gas stations in Jakarta. After raising the electricity tariff for household power 900 VA and a number of other top class on January 1, 2017, Indonesian government issued a policy to raise fuel prices in effect since January 5, 2017 amounted to IDR 300 per liter for non-subsidized fuel. The government said the increase in fuel prices is as a result of rising world oil prices after OPEC policies to cut world oil production in 2017. However, some economic experts in the country said the government policy to raise electricity rates and fuel prices is feared could increase t
Refueling activities at gas stations in Jakarta. After raising the electricity tariff for household power 900 VA and a number of other top class on January 1, 2017, Indonesian government issued a policy to raise fuel prices in effect since January 5, 2017 amounted to IDR 300 per liter for non-subsidized fuel. The government said the increase in fuel prices is as a result of rising world oil prices after OPEC policies to cut world oil production in 2017. However, some economic experts in the country said the government policy to raise electricity rates and fuel prices is feared could increase the inflation rate in the country. (Photo by Tubagus Aditya Irawan/Pacific Press)
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Keywords: economy, energy, fuel, indonesian, oil, opec, pertamina, price, world
