Comparison of Pertamina versus Private Fuel Prices as of June 2 2024, Who is the Cheapest?

JAKARTA – PT Pertamina (Persero) through its subsidiary, PT Pertamina Patra Niaga decided not to increase fuel prices Non-Subsidies in June 2024. This was done by Pertamina, even though world oil prices showed an upward trend and the rupiah exchange rate against the United States dollar (USD) weakened.

Pertamina Patra Niaga Corporate Secretary, Irto Ginting, said the decision not to change fuel prices refers to several aspects listed in ESDM Ministerial Decree No. 245.K/MG.01/MEM.M/2022 concerning the formulation of prices for JBU or non-subsidized fuel. In this regulation, the calculation of the fuel price formulation is influenced, among other things, by the US dollar and MOPS exchange rates.

“The adjustment of non-subsidized fuel prices does refer to regulations. However, in the current conditions we support the Government’s efforts to maintain economic stability,” explained Irto in a written statement, Friday (31/5/2024) evening.

As for the current price, Pertamax is still set at IDR 12,950 per liter, Pertamax Green 95 at IDR 13,900 per liter, Pertamax Turbo at IDR 14,400 per liter, Dexlite at IDR 14,550 per liter, and Pertamina Dex at IDR 15,100 per liter. This price applies to Java and areas with a motor vehicle fuel tax (PBBKB) of 5%.

Meanwhile for Pertamina fuel prices the types of Pertalite and Bio Solar have not changed or are fixed. In detail, Pertalite remains at IDR 10,000 per liter and BioSolar at IDR 6,800 per liter.

This condition is different from Private gas station namely Shell, which decided to adjust the price of fuel oil (BBM) as of June 2024. The price of fuel at these gas stations experienced varying price reductions. The Super type is now priced at IDR 14,580, then V-Power 15,400, V-Power Diesel IDR 15,340, and V-Power Nitro+ IDR 15,630.

A similar decline also occurred in Vivo fuel prices, which decreased from IDR 900 to IDR 1,000. The price of Revvo 90 kinj type fuel is sold cheaper, namely IDR 12,900, while Revvo 92 is set at IDR 14,300, and Revvo 95 is priced at IDR 15,200.

Then the price of fuel at BP gas stations was also observed to have decreased from IDR 180 to IDR 1,460. The BP 92 type is now priced at IDR 14,500, BP Ultimate IDR 15,400, BP Diesel IDR 15,340, and BP Ultimate Diesel IDR 14,670.

Comparison of fuel prices at Pertamina, Shell, Vivo and BP AKR gas stations which are valid today, Sunday (2/6/2024):

Pertamina gas station
Subsidized diesel: IDR 6,800 per liter
Pertalite: IDR 10,000 per liter
Pertamax: IDR 12,950 per liter
Pertamax Turbo: Rp. 14,400 per liter
Pertamax Green 95: IDR 13,900 per liter
Dexlite: IDR 14,550 per liter
Pertamina Dex: IDR 15,100 per liter

SPBU Shell
Shell Super : Rp14.580 per liter
Shell V-Power: Rp15.400 per liter
Shell V-Power Diesel: Rp15.340 per liter
Shell V-power Nitro+: Rp15.630 per liter

Vivo gas station
Revvo 90 Rp12.900 per liter
Revvo 92 Rp14.300 per liter
Revvo 95 Rp15.200 per liter

BP gas station
BP 92: Rp14.500 per liter
BP Ultimate: Rp15.400 per liter
BP Diesel: IDR 15,340 per liter (except in East Java)
BP Ultimate Diesel: Rp. 14,670 per liter (only in East Java)

(acres)