August ICP up to $106.56 per barrel
Tuesday, September 3 2013 - 07:42 AM WIB
By Puspita Maylana Devi
The Indonesian basket oil price, known as Indonesian Crude Price (ICP), stood at US$106.56 per barrel for August 2013, up $3.44 from $103.12 in July 2013, as shown Tuesday on the Directorate General of Oil and Gas? website.
The benchmark price of Minas/SLC crude averaged $107.30 per barrel for August 2013, an increase from $104.44 in July 2013, the website also shows.
The increase occurred in line with the rise of crude prices on the international market.
Editing by Johannes Simbolon