Based on BPH Migas data from December 2017, several fuel prices at Public Fuel Filling Stations (SPBU) increased compared to July. Pertamina Dex saw the highest increase, rising by Rp 300 per liter. Pertamax followed with a Rp 150 per liter increase, while Pertalite and Pertamax Turbo each increased by Rp 100 per liter. Premium, Solar, and Dexlite prices remained unchanged.
The cheapest fuel at Pertamina SPBU was Solar at Rp 5,150 per liter, while the most expensive was Pertamax Racing at Rp 42,000 per liter. Meanwhile, only Solar and kerosene (minyak tanah) remain subsidized.
The upward trend in global oil prices, reaching US$60 per barrel, could significantly impact the energy subsidy budget, particularly for specific fuel types still subsidized by the government. If Pertamina fuel prices also remain unchanged, it will affect the state-owned oil company's revenue. This is despite the 2018 State Budget (APBN) setting Indonesia's oil price (ICP) at US$48 per barrel.
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