June ICP up to $99.97 per barrel

Tuesday, July 2 2013 - 02:50 AM WIB

By Peni Pedriawan

The Indonesian basket oil price, known as Indonesian Crude Price (ICP), stood at US$99.97 per barrel for June 2013, up $0.96 from $99.01 in May 2013, as shown Tuesday on the Directorate General of Oil and Gas? website.

The benchmark price of Minas/SLC crude averaged $102.75 per barrel for June 2013, an increase from $100.09 in May 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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