World Oil Price per Barrel Today, Wednesday, August 12, 2026
Jakarta, Pintu News – World oil prices today, Wednesday, August 12, 2026: Brent Crude is at US$89.30 per barrel and WTI at US$83.23 per barrel, based on the latest market data.
World Oil Price Table Today
| Type | Price (USD) | Estimated Price (IDR) |
|---|---|---|
| Brent Crude | US$89.30/barrel | Rp1,592,752/barrel |
| WTI | US$83.23/barrel | Rp1,484,983/barrel |
The Rupiah estimate is calculated using an exchange rate of Rp17,840 per US Dollar based on the latest available data, Tuesday, August 11, 2026, as the official exchange rate for August 12, 2026 had not yet been published at the time this article was written.
Factors Affecting World Oil Prices
- Production decisions by OPEC+ countries that can increase or reduce global supply.
- Weekly US crude oil reserve data releases.
- Fluctuations in the US Dollar exchange rate against other currencies.
- Geopolitical conditions in major oil-producing regions.
Impact of Oil Prices on Indonesia’s Economy
As a net oil importer, rising world oil prices could increase the energy subsidy burden and affect domestic inflation, while a price decline could provide more fiscal room for the government.
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*Disclaimer:
This content is intended to enrich readers’ information. Pintu gathers this information from various relevant sources and is not influenced by external parties. Please note that an asset’s past performance does not determine its future performance. Buying and selling crypto carries high risk and volatility; always do your own research and use only idle funds before investing. Any activity buying or selling Bitcoin or investing in other crypto assets is the reader’s own responsibility.
Reference: Oilpriceapi.com, Wednesday, August 12, 2026; exchange rate Rp17,840/USD data from Tuesday, August 11, 2026 (Tradingeconomics.com).
