Antara News·Indonesia·Wednesday, November 11, 2026 at 09:45 AM UTC

Indonesia sees opportunity to sustain growth as global oil prices ease

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Astrid Faidlatul Habibah, Yashinta Difa

We all hope this downward trend will continue, allowing our economy to maintain even stronger growth,

Surabaya, E. Java (ANTARA) - Declining global oil prices amid geopolitical tensions and elevated global interest rates have created an opportunity for Indonesia to maintain its economic growth momentum, according to the Financial System Stability Committee (KSSK).

"Yes, oil prices have started to ease slightly. After previously exceeding US$100 per barrel, they are now trending at around US$92 per barrel," KSSK Secretary Herman Saheruddin said during a media briefing in Surabaya on Wednesday.

He explained that earlier increases in energy prices had contributed significantly to global inflation and prompted several countries to raise their interest rates. These pressures were compounded by geopolitical conflicts in the Middle East, which disrupted crude oil supplies.

However, with energy prices showing more moderate movements, Herman emphasized the need to continue monitoring developments in oil prices, as they remain key factors influencing inflationary pressures and the direction of global monetary policy.

"We all hope this downward trend will continue, allowing our economy to maintain even stronger growth," he said.

If the trend persists, KSSK expects energy-related pressures on global inflation to ease, potentially giving countries more room to sustain economic expansion. For Indonesia, this development presents an opportunity to safeguard domestic economic stability amid external uncertainties.

"Developments in oil prices and global inflation remain important factors to monitor in maintaining financial system stability and supporting sustainable economic growth in Indonesia," Herman concluded.

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