July ICP up to $45.48 per barrel
Wednesday, August 2 2017 - 12:58 AM WIB
The Indonesian basket oil price, known as Indonesian Crude Price (ICP), stood at an average of US$45.48 per barrel in July, up by $1.82 from $43.66 in June, as shown on Tuesday on the website of the Energy and Mineral Resources Ministry.
The benchmark price of Minas/SLC crude averaged at $46.35 per barrel in July, an increase from $44.71 in June, the ministry said.
The increase occurred in line with higher crude prices in the international market.
Editing by Reiner Simanjuntak