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Thursday, January 2, 2014

. Indonesian Oil Prices Decline on World Markets



. Indonesian Oil Prices Decline on World Markets

According to Director of Distribution Statistics BPS Titi said Kanti Lestari , Indonesia's crude oil prices in the world market dropped from U.S. $ 106.39 per barrel in October 2013 to U.S. $ 104.69 per barrel in November 2013 .

The volume of oil and gas exports November 2013 to October 2013 for crude oil and gas rose respectively by 6.84% and 5.32 % , oil products fell by 6.32% .

" For Indonesia's exports in November 2013 increased by 1.45 % compared to
October 2013 , from U.S. $ 15,698.3 million to $ 15,925.7 million . When compared with
November 2012 , exports decreased by 2.40 % , " said Titi Kanti Lestari in Jakarta on Thursday ( 2/1-2014 ) .
November 2013 increase in exports caused by the increase of non-oil exports
1.51 % of U.S. $ 12,983.1 million to $ 13,179.3 million , as well as oil and gas exports rose by 1.15 % , from U.S. $ 2,715.2 million to U.S. $ 2,746.4 million .

According to Titi increase in oil exports due to higher crude oil exports by 6.43 percent to U.S. $ 763.3 million and gas exports by 8.92 % to U.S. $ 1,711.8 million , while exports of oil products declined by 36.37 % to U.S. $ 271.3 million .

By province of origin , the largest Indonesian exports in the period January- September 2013 originated from East Kalimantan with U.S. $ 23.36 billion ( 17.44 % ) , followed by West Java at U.S. $ 19.70 billion ( 14.71 % ) and Riau amounting to U $ 15.17 billion ( 11.32 % )

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