The government gave the signal will likely raise the price premium per 15 March.
One is the price indicates RON 88 premium products in the international market in February 24 per yesterday are on the level of Rp 5,900 per liter. The price difference between Rp 1,400 per liter from the subsidies price premium at this time, which is Rp 4,500 per liter in effect since 15 January 2009.
Market prices are already above the retail price we. What this means, anomalies supply than demand in the premium product prices low and have lost market premium products have started normal. However, the fuel subsidy is valid for one year running. Premium surplus revenues that occurred two months later, according to him, does not mean there will also in future.
Meantime…………..
Oil prices soar above 42 U.S. dollars per barrel after a report issued by the U.S. government showed gasoline demand to increase and crude oil inventories do not increase as initially suspected. Contract of light crude oil, sweet for April increased by 2.54 U.S. dollar and closed at 42.50 U.S. dollars per barrel on the New York commodity exchanges Mercantile Exchange.
Phil Flynn, an analyst Alaron Trading Corp.. the decrease in retail gas prices combined with the U.S. Department of Energy reports that demand this product has increased a broker to inject more funds to the large crude oil stocks. "Bargaining position favored by broker. When they see the price of commodities fall, they raise the bid," said Flynn. "Consumers spend more on fuel expenditures," he added.
Information Agency U.S. Department of Energy reported U.S. gasoline inventories declined almost 2 percent for the weekly report ending February 20. One analyst Stephen Schork explain gasoline production increased last week to number average 8.9 million barrels per day at the market to take advantage of market conditions the trail by the price fall of crude oil.
One is the price indicates RON 88 premium products in the international market in February 24 per yesterday are on the level of Rp 5,900 per liter. The price difference between Rp 1,400 per liter from the subsidies price premium at this time, which is Rp 4,500 per liter in effect since 15 January 2009.
Market prices are already above the retail price we. What this means, anomalies supply than demand in the premium product prices low and have lost market premium products have started normal. However, the fuel subsidy is valid for one year running. Premium surplus revenues that occurred two months later, according to him, does not mean there will also in future.
Meantime…………..
Oil prices soar above 42 U.S. dollars per barrel after a report issued by the U.S. government showed gasoline demand to increase and crude oil inventories do not increase as initially suspected. Contract of light crude oil, sweet for April increased by 2.54 U.S. dollar and closed at 42.50 U.S. dollars per barrel on the New York commodity exchanges Mercantile Exchange.
Phil Flynn, an analyst Alaron Trading Corp.. the decrease in retail gas prices combined with the U.S. Department of Energy reports that demand this product has increased a broker to inject more funds to the large crude oil stocks. "Bargaining position favored by broker. When they see the price of commodities fall, they raise the bid," said Flynn. "Consumers spend more on fuel expenditures," he added.
Information Agency U.S. Department of Energy reported U.S. gasoline inventories declined almost 2 percent for the weekly report ending February 20. One analyst Stephen Schork explain gasoline production increased last week to number average 8.9 million barrels per day at the market to take advantage of market conditions the trail by the price fall of crude oil.
