Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Indonesia December Crude Price Falls 2% on Higher Supply

Indonesia’s average oil export price fell 2 percent in December from the previous month after the Organization of Petroleum Exporting Countries agreed to increase quotas and Libyan output rose.

The Indonesian Crude Price fell to $110.70 a barrel in December from $112.94 a barrel in November, the directorate general of oil and gas at the energy ministry said in a statement today in Jakarta.

“A stronger U.S. dollar against the euro has made crude expensive, reducing demand from Europe,” the ministry said in the statement posted on its website.

Indonesia’s Minas grade fell 3 percent to $112.52 a barrel in December from $116.04 a barrel in November, the ministry said. The nation’s oil export price averaged $111.55 a barrel in 2011, compared to $109.94 in 2010, it said.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.