Lubricant prices increase

JAKARTA (JP): State oil and gas company Pertamina has raised the price of lubricant oils by 55 percent starting from Wednesday, the company said on Thursday.

The company said the price increase would apply to seven types of premium grade lubricants, available in 71 types of packages, the statement said.

The company will not raise the price of six types of economy- grade lubricants used by public buses, motorbikes and small industries. (jsk)