Indonesian Crude Oil Price Falls to $62.83 per Barrel in November

Tempo12-17 11:38

TEMPO.CO, Jakarta - Indonesia’s Ministry of Energy and Mineral Resources (ESDM) reported that the Indonesian crude oil price (ICP) averaged US$62.83 per barrel in November 2025, down from US$63.62 per...

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Indonesia’s Ministry of Energy and Mineral Resources (ESDM) reported that the Indonesian crude oil price (ICP) averaged US$62.83 per barrel in November 2025, down from US$63.62 per...</p>\n\n<a href=\"https://en.tempo.co/read/2074066/indonesian-crude-oil-price-falls-to-62-83-per-barrel-in-november\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2237957902.USD","symbol_name":"NIKKO AM GLOBAL EQUITY \"F\" (USD) ACC","start_time":0,"source_url":"https://en.tempo.co/read/2074066/indonesian-crude-oil-price-falls-to-62-83-per-barrel-in-november","article_id":"2592961480","we_media_id":null,"thumbnails":["https://statik.tempo.co/data/2020/04/22/id_932672/932672_720.jpg"],"rights":{"source":"tempo_highlight","url":"https://en.tempo.co/read/2074066/indonesian-crude-oil-price-falls-to-62-83-per-barrel-in-november","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2592961480","pubTimestamp":1765942725,"columns":[],"sourceInfo":{"source_id":"tempo_highlight","name":"Tempo"},"weMediaInfo":null,"summary":"TEMPO.CO, Jakarta - 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Laode noted that a potential ceasefire between Russia and Ukraine could ease sanctions on Russian oil, further increasing global supply.In December, Saudi Arabia also reduced its crude selling price to Asian buyers by US$1.20 to US$1.40 per barrel to reflect the higher OPEC+ production.Benchmark Prices Show Downward TrendReflecting these factors, major global crude benchmarks also fell in November:Dated Brent: down US$1.10/bbl to US$63.65WTI (Nymex): down US$0.59/bbl to US$59.48Brent (ICE): down US$0.29/bbl to US$63.66OPEC Basket: down US$0.67/bbl to US$64.47The ICP decreased by US$0.80/bbl, from US$63.62 in October to US$62.83 per barrel in November, reflecting broader global supply pressures and market adjustments.Read: Prabowo Urges Oil Palm Planting in Papua for BiofuelClick here to get the latest news updates from Tempo on Google News","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2592961480","isCrawlerRequest":true}