Back to News
Market Impact: 0.4
Indonesia Steps Up E20 Bioethanol Push in Bid to Cut Oil Imports
Source: Bloomberg
Renewable Energy TransitionEnergy Markets & PricesTrade Policy & Supply ChainElections & Domestic Politics
Indonesia doubled its 2028 bioethanol-blending target to 20%, accelerating President Prabowo Subianto's effort to curb dependence on imported fuel. The policy could support domestic biofuel production and reduce fuel-import exposure, with potential implications for ethanol, agricultural feedstock, and refined-fuel markets.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
mildly positive
Sentiment Score
0.30
More News
- Bank of Japan raises interest rates to 31-year high, flags concerns over inflation
- Italy to deploy warships to protect shipping through Bab al-Mandeb
- Oil prices fall as Saudi supply hopes outweigh fresh Houthi strikes
- Oil prices fall for 3rd day as supply concerns ease, diplomacy in focus
- Oil Traders Stymied by Iran War Stalemate: Evening Briefing Americas
- Australia’s central bank chief warns inflation risks materialising