Indonesia Crude Price down to $74.05 per barrel in Feb.

Wednesday, March 3 2010 - 08:56 AM WIB

The Indonesia Crude Price (ICP) in February stood at US$74.05 per barrel, down by $ 3.28 per barrel on average from the January mark of $ 77.33 per barrel.

The average ICP in February is lower than the government?s assumption of crude oil price for 2010, which has been set at $77 per barrel, Directorate General of Oil and Gas? website said on Wednesday.

Minas/SLC price for February reached $75.67 per barrel, down by $3.24 per barrel from $78.91 per barrel in January. (godang)

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