If following the established formula, non-subsidised fuel prices will\nrise by 5\u201311 per cent in October, according to Yayan Satyakti, a\nresearcher and lecturer at the Faculty of Economics and Business,\nPadjadjaran University.<\/p>\n
\u201cYes, upward pressure still exists. October prices are calculated\nbased on the market average from 25 August to 25 September, and during\nthat period, processed petrol prices in Singapore (MOPS) rose by\napproximately 14 per cent,\u201d Yayan stated when contacted in Jakarta on\nSaturday.<\/p>\n
Yayan explained that the average MOPS petrol price rose from 111.4 US\ndollars per barrel in the September pricing window to approximately\n126.7 US dollars per barrel for the October window. Meanwhile, the\nRupiah strengthened from Rp17,892 per US dollar to Rp17,630 per US\ndollar.<\/p>\n
\u201cIf following the formula, non-subsidised fuel prices will rise by\n5\u201311 per cent. Pertamax is likely to be held at its current rate again,\nbut its actual cost is now around Rp18,350 per litre,\u201d said Yayan.<\/p>\n
Regarding the detailed price estimates for non-subsidised fuel in\nOctober 2026, Pertamax Green 95 is expected to rise from Rp19,150 per\nlitre to Rp21,200 per litre, while Pertamax Turbo is expected to\nincrease from Rp19,600 per litre to Rp21,450 per litre.<\/p>\n
Furthermore, for diesel varieties, Dexlite is expected to rise from\nRp23,700 per litre to Rp25,000 per litre, and Pertamina Dex is expected\nto increase from Rp25,200 per litre to Rp26,600 per litre.<\/p>\n
\u201cWhat should be done in the short term is to announce the prices\nalong with the reasons openly. A small, predictable increase is easier\nto accept than a sudden shock,\u201d Yayan advised.<\/p>\n
For the medium term, Yayan recommended more frequent, small price\nadjustments to prevent them from accumulating into a massive surge.<\/p>\n
In mid-September 2026, the Ministry of Energy and Mineral Resources\n(ESDM) projected that the Indonesian Crude Price (ICP) would remain at a\nhigh level, ranging between 83\u201387 US dollars per barrel. This projection\nis linked to supply constraints in the Strait of Hormuz and the\nanticipated decline in oil reserves in the United States.<\/p>\n
The government stated it will continue to monitor global crude oil\nprice movements as part of its efforts to maintain national energy\nsecurity. The government also affirmed that the ICP formula remains\ntransparent and reflects international market dynamics to ensure\naccountability for state finances and the upstream oil and gas\nindustry.<\/p>\n
With global market pressures remaining a concern, September\u2019s ICP\ndevelopment will follow changes in international supply and market\nconditions. Monitoring prices and the use of the ICP formula are part of\nthe government\u2019s steps to maintain energy security and the\naccountability of state financial management and the upstream oil and\ngas industry.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/experts-project-non-subsidised-fuel-prices-to-rise-by-5-11-per-cent-in-october-1790423882", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }