The Oil Price Puzzle

Pertamina's right to set oil prices is now being questioned by many. Its MOPS price benchmark is also thought to be inadequate.

April 9, 2002

During these difficult days, people wait anxiously every month, not just for their salaries, but also for the announcement of the latest rise in fuel oil prices. The effort of trying to solve the oil price riddle repeated at the start of every month, is yet an additional burden on the common people. It will be felt even heavier if international oil prices soar, because this will certainly have an impact on domestic fuel prices and for sure,

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