February ICP up to $114.86 per barrel
Monday, March 4 2013 - 09:14 AM WIB
By Romel S. Gurky
The Indonesian basket oil price, known as Indonesian Crude Price (ICP), stood at US$114.86 per barrel for February 2013, up $3.79 from $111.07 in January 2013, as shown Monday on the Directorate General of Oil and Gas? website.
The benchmark price of Minas/SLC crude averaged $118.65 per barrel for February 2013, an increase from $115.95 in January 2013, the website also shows.
The increase occurred in line with the rise of crude prices on the international market.
Editing by David Mustakim