May ICP down to $113.76 per barrel
Saturday, June 2 2012 - 12:27 AM WIB
By Romel S. Gurky
The Indonesian basket oil price, known as Indonesian Crude Price (ICP), stands at US$113.76 per barrel for May, down $10.88 from $124.63 in April, as shown today on Directorate General of Oil and Gas? website.
The benchmark price of Minas/SLC crude averages $117.67 per barrel for May, decreased from $127.96 in April, the website also shows.
The change occurred in line with the change of crude prices on the international market.
Editing by David Mustakim