Indonesian Political, Business & Finance News

Breaking! Subsidised Fuel Prices Confirmed to Remain Unchanged Until December 2026

| Source: CNBC Translated from Indonesian | Energy
Breaking! Subsidised Fuel Prices Confirmed to Remain Unchanged Until December 2026
Image: CNBC

Jakarta, CNBC Indonesia - Coordinating Minister for the Economy Airlangga Hartarto has decided not to raise the prices of subsidised fuels such as RON 90 Pertalite and subsidised diesel until December 2026. This is conditional on global crude oil prices not exceeding US$97 per barrel.

Airlangga emphasised that holding subsidised fuel prices steady is to protect public purchasing power, as announced on 31 March 2026.

“The government and Pertamina have decided not to increase the prices of subsidised fuels Pertalite and diesel. Finance Minister Purbaya Yudhi Sadewa will explain that as long as the average oil price does not exceed US$97, we can maintain these fuel prices until December 2026,” Airlangga clarified during a press conference on Monday (6/4/2026).

It is known that previously, not only subsidised fuels but the government also held prices for non-subsidised fuels or Pertamax series as of 1 April 2026. Regarding this, Minister of Energy and Mineral Resources Bahlil Lahadalia stated that discussions on non-subsidised fuel prices are underway with PT Pertamina (Persero) and private business entities.

“Regarding non-subsidised fuel prices, we are conducting discussions. These discussions naturally involve other private entities as well, and up to now, we are regulating and seeking a good and prudent formula,” Bahlil explained when met at the Ministry of Energy and Mineral Resources office on Monday (6/4/2026).

Unfortunately, Minister Bahlil could not yet confirm when the discussions would conclude. Clearly, he promised to announce the results of the discussions on non-subsidised fuel prices.

“Wait until it’s finished, I will inform you. Clearly, the government very much understands the current conditions of the people in the midst of society. Both for subsidised and non-subsidised, yes,” Bahlil stressed.

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