According to Chandra Asri’s official press release on 08 May 2024, the assets being sold include a crude oil refinery with a processing capacity of 237,000 bpd and an ethylene plant producing 1.1 million tons/year
International benchmarks for crude oil recovered from its worst weekly drop since February on Monday, 06 May 2024 as the market responded to Saudi Arabia’s decision to increase the official selling prices