Oil Prices Rebounded as Trump Blocked Venezuelan Tankers

INDUSTRY 
Oil Prices Rebounded as Trump Blocked Venezuelan Tankers 
Global crude oil prices rebounded on Wed-25 (17-Dec) after hitting nearly four-year lows, supported by renewed geopolitical risk following U.S. President Donald Trump’s move to impose a full blockade on sanctioned Venezuelan oil tankers. Brent crude rose USD 0.76 (+1.29%) to USD 59.68/bbl, while WTI gained USD 0.67 (+1.21%) to USD 55.94/bbl, reversing prior losses driven by expectations of a Ukraine peace deal that could return Russian supply to an already oversupplied market. The rally was fueled by Trump’s escalation against Venezuela, including a formal order barring sanctioned tankers from entering or leaving the country, following last week’s seizure of a Venezuelan tanker, tightening supply risks from an OPEC founding member exporting ~749 kbpd, with around half shipped to China. (Stockwatch) 

COMPANY 
Bank Rakyat Indonesia (BBRI) Distributed IDR 137 Interim Dividend 
BBRI approved an interim cash dividend totaling IDR 20.63 tn, equivalent to IDR 137/sh for FY25, based on financial statements as of 30-Sep-25, supported by consolidated net profit of IDR 41.2 tn driven by resilient MSME financing and sound risk management, implying an indicative yield of 3.7%. The schedule is as follows: 
- Cum Dividend (Regular & Negotiation Market): 29-Dec-25 
- Ex Dividend (Regular & Negotiation Market): 30-Dec-25 
- Cum Dividend (Cash Market): 02-Jan-26 
- Ex Dividend (Cash Market): 05-Jan-26 
- Recording Date: 02-Jan-26 
- Payment Date: 15-Jan-26 
(Emitennews) 

Telkom Indonesia (TLKM) Partnered with Communication Cable Systems Indonesia (CCSI) to Develop Subsea Cable Network on Gresik–Makassar–Takisung Route 
TLKM partnered with CCSI on 17 Dec-25 to explore development of the SUB-2 subsea cable system along the Gresik–Makassar Takisung route, aiming to optimize existing cable assets, improve investment efficiency, and strengthen national digital connectivity infrastructure. The collaboration covers technical and licensing exploration under a joint operation and joint investment scheme, following an NDA signed on 21-Mar-25, and is expected to enhance long-term network capacity supporting digital economy growth across Java, Sulawesi, and Kalimantan. (Kontan)