JAKARTA - The Ministry of Energy and Mineral Resources (ESDM) has opened its voice regarding the escalation of the Middle East conflict against domestic oil commodity prices.
Head of the Communication, Public Information and Cooperation Service (KLIK) Bureau of the Ministry of Energy and Mineral Resources Agus Cahyono Adi said that until now his party is still monitoring the development of world oil prices which are increasing due to the increasingly heated conflict.
Agus said that actually the turmoil in world oil prices had occurred for a long time and was sensitive to geopolitical tensions in the world.
"The price of volatile oil is not in today's days. It's been quite a long time. The price of oil is very sensitive to geopoliticals. It's not just like ordinary commodities, it's only related to supply demand," he told the media crew quoted on Saturday, October 5.
He added that until now there has been no indication of a shortage of fuel supply and the issue of geopolitical issues could affect fuel supply.
"But if the oil hasn't occurred, the issue has become worrying, it will be less crowded. So what about it, it's like that," continued Agus.
BACA JUGA:
Just so you know, Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia set the selling price of Indonesian crude oil or Crude Price (ICP) for September 2024 amounting to US$72.54 per barrel, down US$5.96 from the previous month which reached 78.51 per barrel.
This decline was influenced by the decline in global crude oil prices, mainly due to the decline in demand from China.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)
Most Popular Tags
#this #ridwan kamil #pramono anung #Hezbollah #election 2024Popular
