May ICP down to $99.01 per barrel
Wednesday, June 5 2013 - 02:49 AM WIB
By Romel S. Gurky
The Indonesian basket oil price, known as Indonesian Crude Price (ICP), stood at US$99,01 per barrel for May 2013, down $1,18 from $100,19 in April 2013, as shown Wednesday on the Directorate General of Oil and Gas? website.
The benchmark price of Minas/SLC crude averaged $100,09 per barrel for May 2013, decreased from $101,96 in April 2013, the website also shows.
The decrease occurred in line with the weakening of crude prices in the international market.
Editing by David Mustakim