March ICP down to $107,42 per barrel

Tuesday, April 2 2013 - 04:54 AM WIB

By Peni Pedriawan

The Indonesian basket oil price, known as Indonesian Crude Price (ICP), stood at US$107,42 per barrel for March 2013, down $7,44 from $114.86 in February 2013, as shown Tuesday on the Directorate General of Oil and Gas? website.

The benchmark price of Minas/SLC crude averaged $110,33 per barrel for March 2013, decreased from $118,65 in February 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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