Pertamax Turbo, Dexlite prices to drop starting July 1: Pertamina

Based on Pertamina’s official pricing for the Greater Jakarta area that ANTARA quoted on Wednesday, Dexlite (CN 51) will fall to Rp19,700 (about US$1.10) per liter from Rp23,000 (about US$1.29).

Pertamina Dex (CN 53) will decline to Rp21,150 (about US$1.18) per liter from Rp24,800 (about US$1.39).

Pertamax Turbo (RON 98) will drop to Rp19,300 (about US$1.08) per liter from Rp20,750 (about US$1.16).

Prices of other non-subsidized gasoline products remain unchanged, with Pertamax (RON 92) at Rp16,250 (about US$0.91) per liter and Pertamax Green (RON 95) at Rp17,000 (about US$0.95).

The reductions follow a price increase on June 10 after the government largely shielded domestic fuel prices from global market volatility linked to geopolitical tensions in the Middle East.

Prices of subsidized and government-assigned fuels remain unchanged.

Pertalite stays at Rp10,000 (about US$0.56) per liter, while subsidized Biosolar remains Rp6,800 (about US$0.38) per liter.

Pertamina said the adjustments comply with the Energy and Mineral Resources Ministry’s pricing formula for commercial gasoline and diesel fuels.

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Translator: Putu Indah Savitri, Yashinta Difa