Indonesia Diesel prices, 09-Sep-2024
The current price of diesel fuel in Indonesia is IDR 14,660.00 per liter or USD 0.95 per liter based on the latest update from 09-Sep-2024.
For comparison, the world average diesel price is USD 1.15 per liter.
Indonesia Diesel prices: The last eight weeks
We show diesel price data for Indonesia
from 2014-09-29 to 2024-09-09.
The average diesel price during that period is IDR 12,050.18
per liter with a minimum of
IDR 8,225.00 on 2016-05-23 and a maximum of
IDR 21,870.00 on 2022-07-11.
Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources.
We update the series for Indonesia every week.
Diesel prices |
Price (IDR/Liter) | Percent change |
---|---|---|
Current price | 14,660.00 | - |
One month ago | 15,810.00 | -7.3 % |
Three months ago | 15,340.00 | -4.4 % |
One year ago | 16,940.00 | -13.5 % |
Indonesia Diesel prices, liter, Indonesian Rupiah
* A long flat line means that the government fixes the prices.
Diesel prices in Indonesia are regulated by the Ministry of Energy and Mineral Resources and are set monthly. The regulatory process keeps diesel price adjustments relatively close to crude oil price changes. The correlation of diesel prices and Brent oil prices is 0.77.
Indonesia: Diesel price analytics |
Value |
---|---|
Percent of world average diesel price | 72.96% |
Correlation with crude oil prices | 0.77 |
Percent change if oil prices increase 10% | 4.57% |
Correlation with USD exchange rate | -0.61 |
Price flexibility index: 0 (low) - 1 (high) | 0.24 |
Correlation with gasoline prices | 0.95 |
Percent of gasoline price | 110.93% |
Cost of 40 liter tank, percent of income | 10.43% |
Diesel consumption, percent of income | 2.62% |
Updated monthly. Methodological notes