Drop in oil price, Indonesia govt hints fuel prices to not be lowered
The current downward trend is happening in global crude oil prices. But this not following by the Indonesian government which hinted that retail fuel prices for certain types of fuel (JBT), subsidized fuel, and specially designed fuels (JBKP) would not be lowered. The decision was noted in the Energy and Mineral Resources Ministerial Decree No. 83 K/12/MEM/2020 inked by Minister …