June ICP up to $108.95 per barrel
Thursday, July 3 2014 - 05:30 AM WIB
By Romel S. Gurky
The Indonesian basket oil price, known as Indonesian Crude Price (ICP), stood at US$108.95 per barrel in June 2014, up $2.75 from $106.20 in May 2014, as shown Thursday on the Directorate General of Oil and Gas? website.
The benchmark price of Minas/SLC crude averaged $111.61 per barrel in June 2014, an increase from $108.17 in May 2014, the website also shows.
The increase occurred in line with the rise of crude prices on the international market.
Editing by Reiner Simanjuntak