FUEL OIL
Nonsubsidized Prices Up

SHELL Indonesia has again raised fuel prices at its gas stations as of March 1, 2010. The increase, said spokesman for PT Shell Indonesia Fathia Syarif on Wednesday last week, followed Singapore’s spot market prices. The world crude oil price has indeed continued to rise. Last Friday Bloomberg news agency quoted the black gold at US$80.68 per barrel, up from the previous day’s US$80.21. In Jakarta and its envi