REPUBLIKA.CO.ID, JAKARTA -- Minister of Energy and Mineral Resources Sudirman Said stated that government might revise policy on fuel if the price of global oil increased. Several energy experts predict that global oil price will hike in mid 2015.

"Our recent policy has a standard. However, if the assumption changes, we will review the policy," Said said on Tuesday, January 6.

Government recently revoked subsidy for 88-octane premium fuel. It allows the price of premium fuel to follow the global oil price. As the price of global oil declines, the current price of premium is sold at 7,600 IDR per litre, lower than the previous 8,600 IDR per litre.

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