{
    "success": true,
    "data": {
        "id": 1676554,
        "msgid": "experts-estimate-indonesia-could-buy-oil-at-59-per-barrel-from-russia-1776156661",
        "date": "2026-04-14 14:32:46",
        "title": "Experts estimate Indonesia could buy oil at $59 per barrel from Russia",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Energy",
        "summary": "Energy expert Yayan Satyakti from Padjadjaran University suggests Indonesia could procure Russian oil at $59 per barrel, significantly cheaper than the global price hovering around $100 per barrel amid the US-Israel conflict with Iran. He notes that post-2022 Western sanctions, Russian oil prices dropped to as low as $25 per barrel in 2025, and with logistics costs of about 30%, the effective price for Indonesia would range from $76.7 to $80 per barrel. This opportunity could help Indonesia mitigate rising global energy costs and enhance energy security.",
        "content": "<p>Jakarta (ANTARA) - Energy expert from Padjadjaran University (Unpad)\nYayan Satyakti assesses that Indonesia could obtain oil at a price of\n$59 per barrel from Russia, which is cheaper than the global oil price.\nCurrently, the global oil price is around $100 per barrel, driven by the\nwar between the United States (US)-Israel against Iran. \u201cThat\u2019s correct.\nEven at normal prices, around $60\u201370 per barrel, Russian oil remains\ncheaper at about $59 per barrel,\u201d Yayan stated when contacted by ANTARA\nfrom Jakarta on Tuesday. Yayan explained that after Western countries\nimposed sanctions and embargoes on Russian oil since 2022, the price of\nRussian oil reached $25 per barrel in 2025. At present, with the closure\nof the Strait of Hormuz due to the war between the US-Israel and Iran,\nthe global oil price has surged further to around $100 per barrel. It\neven briefly touched $116 per barrel. \u201cIf we look at it based on revenue\nassumptions, the Russian government sets the oil price at $59 per\nbarrel,\u201d Yayan said. Furthermore, Yayan explained that if Indonesia buys\noil from Russia with logistics costs of around 30% of the oil price, the\ntotal price would be in the range of $76.7\u201380 per barrel. This price\nalready includes logistics costs.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/experts-estimate-indonesia-could-buy-oil-at-59-per-barrel-from-russia-1776156661",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}