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Even though Oil Prices Fall to a Low Point, But Pertamina's BBM Price Has Not Been Down?

JurnalHub . . World crude oil prices also show an upward trend even though OPEC has agreed to cut production next year. The West Texas Intermediate (WTI) oil price for delivery in January 2019 at the beginning of last week was still at US $ 52.45 per barrel and the Brent oil price for delivery in February 2019 was US $ 61.67. Even though the price of crude oil has decreased, PT Pertamina (Persero) still has not reduced the price of non-subsidized fuel since 10 October 2018. Even though other business entities have reduced the price of non-subsidized fuel sold at their gas stations. Pertamina's Corporate Communication Vice President, Adiatma Sardjito, admitted that Pertamina was still evaluating fuel prices. He did not explain the reason for the non-subduction fuel price that Pertamina had sold down. "Still evaluating," Aditama said briefly when contacted by Kontan.co.id on Sunday (12/16). The government itself has warned that Pertamina and BBM distributor companies ...