April ICP down to $106.44 per barrel
Tuesday, May 6 2014 - 08:40 AM WIB
By Ruli Setiawan
The Indonesian basket oil price, known as Indonesian Crude Price (ICP), stood at US$106.44 per barrel in April 2014, down $0.46 from $106.90 in March 2014, as shown Tuesday on the Directorate General of Oil and Gas? website.
The benchmark price of Minas/ SLC crude averaged $111.05 per barrel in April 2014, a decrease from $112.46 in March 2014, the website also showed.
The decrease occurred in line with the rise of crude prices in the international market.
Editing by Johannes Simbolon