Bloomberg the Company & Products

Bloomberg Anywhere Login


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 Reaffirms Crude-Price Formula for January-June Period

Don't Miss Out —
Follow us on:

Jan. 7 (Bloomberg) -- Indonesia, Southeast Asia’s biggest crude producer, reaffrimed its formula for pricing oil exports for the six-month period ending in June.

Prices will average the assessments from RIM Intelligence Co. and Platts, according to a decree signed by Energy and Mineral Resources Minister Jero Wacik on Dec.28 and posted on the ministry’s website.

Indonesia has been using the pricing formula for its oil since July 2007. The government reviews the oil price formula every six months.

To contact the reporter on this story: Fitri Wulandari in Jakarta at

To contact the editor responsible for this story: Alexander Kwiatkowski at

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.