ICP price rose to $78.71 per barrel in March

Monday, April 5 2010 - 01:04 AM WIB

The Indonesian basket oil price, known as Indonesian Crude Price (ICP), rose US$78.71 per barrel in March, up $4.66 from $74.05 in February, Directorate General of Oil and Gas? website said.

The price of benchmark crude Minas/SLC averaged $80.59 per barrel in March, up from $75.67 in February, the website said.

The increase was in line with the recovery of crude on the international market as a consequence of rising demand of the fuel (denny)

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