February ICP up to $122.17 per barrel

Monday, March 5 2012 - 04:22 AM WIB

The Indonesian basket oil price, known as Indonesian Crude Price (ICP), stands at US$122.17 per barrel for February, up $6.26 from $115.90 in January, as shown today on Directorate General of Oil and Gas? website.

The benchmark price of Minas/SLC crude averages $124.63 per barrel for February, an increase from $118.38 in January, the website also shows.

The increase occurred in line with the rise of crude prices on the international market. (*)

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