July ICP up to $103.12 per barrel

Friday, August 2 2013 - 07:30 AM WIB

By Nellawati

The Indonesian basket oil price, known as Indonesian Crude Price (ICP), stood at US$103.12 per barrel for July 2013, up $3.15 from $99.97 in June 2013, as shown Friday on the Directorate General of Oil and Gas? website.

The benchmark price of Minas/SLC crude averaged $104.44 per barrel for July 2013, an increase from $102.75 in June 2013, the website also shows.

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

Editing by David Mustakim

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