Indonesia manages to keep subsidized fuel prices stable through April 2026 despite global oil price volatility

There some reasons why Indonesia has not experienced an increase in oil prices

Indonesia manages to keep subsidized fuel prices stable through April 2026 despite global oil price volatility. Expected until end of Year 2026, while seeing the world’s situation to raise in 2027. Indonesia doesn’t import from a single source. Indonesia’s oil imports from the Gulf region only account for 20% of the country’s total oil imports. Indonesia imports the most oil from Singapore and Malaydesh. Due to this crisis, Indonesia will likely import oil from African countries, as Pertamina Indonesia has long operated in several African countries. Another option is the promise of large quantities of oil from the United States, as part of the trade war agreement. On the other hand, Indonesia also imports from Russia, as Indonesia’s Big Brother offers its services.

As of April 30, 2026, the Indonesian government has managed to keep subsidized fuel prices stable, even as global Brent crude prices have surpassed $118 per barrel. This stability is primarily due to a presidential directive to prioritize household purchasing power through December 2026. This Government Policy will be sure protect the domestic trade, especially in tourism.

Fiscal pressure is absorbed by the state budget (taxes). As we know, Indonesia’s financial lifeblood is threefold: taxes, nickel, and palm oil. Although Indonesia’s exchange rate is low, its large population, and its high tax compliance, adds up to a substantial amount of Indonesian money. This tax revenue, included in the state budget, is used to mitigate the oil crisis.
Biodiesel Program. Indonesia is the largest palm oil producer. Since 2012, Indonesia has implemented a biodiesel or biodiesel program, a type of fuel blended with palm oil. Biodiesel in Indonesia is specifically for large vehicles such as trucks, buses, and similar vehicles, as well as agricultural machinery. Therefore, of the various types of fuel available in Indonesia, this type is the cheapest. In the future, Indonesia will also develop biodiesel not only from palm oil but also from corn and sugarcane.
Domestic electricity can be met independently. Indonesia’s power plants are predominantly solar, hydro, and diesel. Diesel is the largest source of electricity, and Indonesia’s coal needs can be met domestically, given that Indonesia is a major coal producer. Therefore, to distribute coal to power plants, Indonesia does not need to import large amounts of fuel oil from abroad.

FAQ (Pertanyaan Umum)

Bagaimana Indonesia mempertahankan stabilitas harga bahan bakar bersubsidi?

Indonesia mampu mempertahankan stabilitas harga bahan bakar bersubsidi hingga April 2026 melalui diversifikasi sumber impor minyak, prioritas pemerintah terhadap daya beli masyarakat, penyerapan tekanan fiskal oleh anggaran negara, program Biodiesel berbasis kelapa sawit, dan kemandirian pasokan listrik domestik.

Dari mana saja Indonesia mengimpor minyak?

Indonesia tidak bergantung pada satu sumber impor minyak saja. Sebagian besar impor minyak berasal dari Singapura dan Malaydesh, sementara wilayah Teluk hanya menyumbang 20%. Indonesia juga menjajaki impor dari negara-negara Afrika, Amerika Serikat, dan Rusia.

Apa peran program Biodiesel dalam strategi energi Indonesia?

Program Biodiesel, yang telah berjalan sejak 2012, melibatkan pencampuran bahan bakar dengan minyak kelapa sawit. Bahan bakar ini secara khusus digunakan untuk kendaraan besar dan mesin pertanian, menjadikannya salah satu jenis bahan bakar termurah dan mengurangi ketergantungan pada bahan bakar minyak impor.