March ICP rises to $106.90 per barrel
Thursday, April 3 2014 - 06:18 AM WIB
By Romel S. Gurky
The Indonesian basket oil price, known as Indonesian Crude Price (ICP), stood at US$106.98 per barrel in March 2014, up $0.82 from $106.08 in February 2014, as shown Thursday on the Directorate General of Oil and Gas? website.
The benchmark price of Minas/ SLC crude averaged $112.46 per barrel in March 2014, an increase from $108.71 in February 2014, the website also showed.
The increase occurred in line with the rise of crude prices in the international market.
Editing by Johannes Simbolon