Businessmen worried about soaring world oil price

"The world oil price hike had caused concern because sooner or later it will affect budgets (corporate as well as state budgets)," general chairman of the Indonesian Chamber of Commerce and Industry (Kadin), MS Hidayat, said here on Wednesday when asked for his comment on the current world oil price.

He said Indonesia`s oil production was less than one million barrels a year while consumption reached more than 1.4 million barrels, so a lot of money was needed to import the rest.