Oilita Prices Drop, But Average Still Above HET

Illustration. (Photo: Doc. Antara)

Based on data from the Ministry of Trade, the price of Oilita in the previous week was recorded at Rp. 16,809 per liter. This price is moving down at Rp. 16,706 per liter on June 20, 2025. Meanwhile, when compared to the previous month, the price of Oilita decreased by Rp. 294 per liter or 1.76 percent from the position of Rp. 17,000 on May 8, 2025.

Director of Trade Order of the Directorate General of Consumer Protection and Trade Order (PKTN) of the Ministry of Trade Mario Josko said the national average price of Oilita is currently at IDR 16,706 per liter, down 0.6 percent compared to last week.

Mario admits that although it has decreased, the price of Oilita is currently still higher than the highest retail price (HET) set by the government at IDR 15,700 per liter.

The national average price today was recorded at Rp. 16,706 per liter. Indeed, compared to the HET, it is still above the HET of 6.37 percent. We can convey this, which decreased compared to last week, meaning that last week it was 7.07 percent compared to HET," he said at an online Inflation Meeting with the Ministry of Home Affairs, in Jakarta, Monday, June 23.

Mario said that there were nine provinces that were indeed the concern of the Ministry of Trade because the price of Oilita in the area had an increase of more than 10 percent above the HET.

In detail, the price of East Nusa Tenggara (NTT) is IDR 18,133 per liter; South Papua IDR 18,000; Gorontalo IDR 17,708; South Kalimantan IDR 17,700; West Nusa Tenggara (NTB) IDR 17,626; Bali IDR 17,542; Central Papua IDR 17,500; and Southwest Papua IDR 17,500.

Mario admitted that his party had coordinated with Perum Bulog to prepare distribution steps for the nine provinces that were still experiencing price increases.

"Later tonight we will also go to Papua, we will also coordinate with Bulog there, especially because Bulog is one area in Papua that also oversees Central Papua and Southwest Papua and South Papua. We may also discuss how the steps can be optimized by Bulog to help distribute there," he said.

Furthermore, Mario said that based on Cumendak's monitoring, several districts/cities still have high prices for Oilita because they do not have distributors and retailers.

"Well, the hope is that this SOE can complement each other, so if for example there is no D1 and D2 of the private sector, this from BUMN can help to supply these areas," he explained.

According to Mario, the high price of Oilita in some areas is not due to a lack of supply, but because of the uneven supply of oil, especially in eastern Indonesia.

Mario admitted that his party had carried out a number of mappings and resolved the problem of the lack of distribution of Oilita per region.

"We are trying to solve it per region. For example, in the eastern region of Papua, we saw mapping from the market, then which market, for example, there are no distributors and so on, we try to make supplies," said Mario.