Indonesia’s Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, has signaled that the price of Pertamax (RON 92) fuel could be adjusted. This potential increase is attributed to the persistently high global oil prices, exacerbated by ongoing geopolitical conflicts, and follows recent hikes already implemented for other non-subsidized fuels such as Pertamax Turbo, Dexlite, and Pertamina Dex.
“We will observe the adjustments; if market prices decrease, then there will be no increase. However, if prices continue on their current trajectory, an upward adjustment is likely inevitable,” Bahlil informed media representatives after a press conference at his office in Central Jakarta on Monday, April 20th.
The Minister unequivocally stated that the government’s full authority to guarantee price stability is strictly limited to subsidized fuel categories. This policy framework is anchored in the 2022 ESDM Ministerial Regulation, which clearly defines the pricing formulation for these essential commodities.
“Because what the state, the government, can truly guarantee is the price of subsidized fuel,” Bahlil reiterated, emphasizing the clear distinction in pricing mechanisms between different fuel types.
In its ongoing efforts to manage domestic fuel prices, the government’s strategy is heavily reliant on the Indonesia Crude Price (ICP). Bahlil provided assurance that the prices of subsidized fuels would remain stable as long as the average global ICP stays below the critical threshold of $100 per barrel.
“Subsidized fuel prices will not increase as long as the world’s ICP remains at $100 [per barrel]. Currently, our average global ICP from January up to the date I am speaking stands at approximately $76 (USD),” Bahlil further elaborated, offering a key economic indicator.
Previously, the adjustments observed in non-subsidized fuel prices were a direct consequence of volatile global oil markets, largely impacted by the conflict in Iran. These increases affected various non-subsidized fuel grades, extending even to what is commonly referred to as the ‘premium’ level within this category.
In stark contrast, according to Pertamina’s official website, the prices for subsidized fuels have been consistently maintained. The price of Pertamax (RON 92) remains at Rp 12,300 per liter, while Pertamax Green is held steady at Rp 12,900 per liter. Furthermore, Pertamina continues to uphold the prices for subsidized Pertalite at Rp 10,000 per liter and Biosolar at Rp 6,800 per liter.
Among the non-subsidized fuels that recently underwent price adjustments, Pertamax Turbo in the DKI Jakarta region, for example, saw its price rise to Rp 19,400 per liter as of April 18th, a notable increase from Rp 13,100 per liter recorded on April 1, 2026. This upward trend highlights the responsiveness to market forces for non-subsidized products.
Similarly, the price for Dexlite was set at Rp 23,600 per liter, climbing from Rp 14,200 per liter on April 1, 2026. These significant price revisions underscore the impact of global oil price fluctuations on non-subsidized fuels.
Moreover, Pertamina Dex is now priced at Rp 23,900 per liter, an increase from its previous rate of Rp 14,500 per liter. It is important to note that these price adjustments for various non-subsidized fuels have also been implemented across several other provinces throughout Indonesia.