December ICP rises to $107.20 per barrel
Saturday, January 4 2014 - 02:21 AM WIB
By Ruli Setiawan
The Indonesian basket oil price, known as Indonesian Crude Price (ICP), stood at US$107.20 per barrel in December 2013, up $2.51 from $104.69 in November 2013, as shown Friday on the Directorate General of Oil and Gas? website.
The benchmark price of Minas/ SLC crude averaged $108.06 per barrel in December 2013, an increase from $105.96 in November 2013, the website also showed.
The increase occurred in line with the rise of crude prices in the international market.
Editing by Reiner Simanjuntak