Palace Assures Fuel Prices Will Not Rise, Public Urged Not to Panic
Jakarta, VIVA – State Secretary (Mensesneg) Prasetyo Hadi has addressed the issue of rumours regarding plans to adjust or increase the prices of fuel oil (BBM).
Prasetyo stated that the government has coordinated with Pertamina on this matter. President of the Republic of Indonesia Prabowo Subianto has also provided directions to ensure that policies prioritise the interests of the people.
“So, we need to convey that after we conducted coordination in this regard between the government and the Ministry of Energy and Mineral Resources together with Pertamina, and based on instructions from Mr President,” said Prasetyo to reporters on Tuesday, 31 March 2026.
“Mr President always prioritises the interests of the people and society in making decisions,” he added.
As a result of the coordination, Prasetyo mentioned that Pertamina will not raise prices for either subsidised or non-subsidised BBM.
“Therefore, Pertamina has stated that it will not adjust prices for either subsidised BBM or non-subsidised BBM,” Prasetyo explained.
Prasetyo also urged the public not to panic or worry about the availability and rumours of fuel price increases.
“We hope the public does not need to panic or be anxious because we guarantee the availability of BBM. We guarantee it. And there will be no price adjustments,” Prasetyo concluded.
Previously, information circulated on social media regarding estimated retail prices for non-subsidised BBM for April 2026.
In the circulating information, it was stated that the retail price for Pertamax would become Rp 17,850 per litre, an increase of Rp 5,550 per litre from the original March 2026 price of Rp 12,300 per litre.
This increase was influenced by the weakening rupiah exchange rate from Rp 16,819 per US dollar to Rp 16,877 per US dollar.
Additionally, in the circulating information, the price increase for Pertamax (RON 92) was also influenced by a surge in the fuel price index (HIP) for RON 92 of 62.44 per cent or US$46.15 per barrel, from US$73.91 per barrel to US$120 per barrel; or an increase of 62.99 per cent (approximately Rp 4,925 per litre) from Rp 7,818 per litre to Rp 12,744 per litre.
Price increases were also estimated for other petrol products, such as Pertamax Green 95 (from Rp 12,900 per litre to Rp 19,150 per litre), and Pertamax Turbo (from Rp 13,100 per litre to Rp 19,450 per litre).