January ICP up to $111.07 per barrel
Saturday, February 2 2013 - 12:48 AM WIB
By Romel S. Gurky
The Indonesian basket oil price, known as Indonesian Crude Price (ICP), stood at US$111.07 per barrel for January 2013, up $4.17 from $106.90 in December 2012, as shown Friday on the Directorate General of Oil and Gas? website.
The benchmark price of Minas/SLC crude averaged $115.95 per barrel for January 2013, an increase from $109.01 in December 2012, the website also shows.
The increase occurred in line with the rise of crude prices on the international market.
Editing by David Mustakim