Pertamina, Shell, BP and Vivo Fuel Prices Remain Stable in Second Week of March 2026: Is Shell Still Scarce?

Entering the second week of March 2026, fuel prices at various petrol stations across Indonesia, including Pertamina, Shell, BP and Vivo outlets, showed no change. Price levels at these stations remained stable since the beginning of the month, despite global geopolitical tensions caused by conflicts involving the United States, Israel and Iran.

According to official data from each operator on Monday 9 March, this price stability provided some relief to consumers amid concerns about potential increases in global energy costs. PT Pertamina (Persero) maintained its Pertamax Series and Dex Series fuel prices without adjustment.

Although reports indicated stock shortages at some Shell outlets, Shell petrol stations maintained their price labels. The same situation applied to BP and Vivo stations, which compete keenly in the unsubsidised fuel segment.

Up to the time this report was issued, there were no signs of sudden price adjustments from petrol station operators. However, energy analysts advised the public to continue monitoring developments in the Middle East, which could at any time affect domestic fuel pricing policies through movements in global crude oil prices.

Global crude oil has surged past US$100 per barrel for the first time since 2022. Finance Minister Purbaya Yudhi Sadewa stated the government could potentially raise subsidised fuel prices if the rise in global oil prices continues. The government is being urged to maintain stability in national energy supply and pricing.

Bahlil Lahadalia stated the government plans to increase Indonesia’s fuel storage capacity from approximately 25-26 days to 90 days or three months. A number of fuel suppliers, both state-owned and private enterprises, officially reduced prices of several types of fuel from 1 January 2026.