November ICP down to $106.68 per barrel
Tuesday, December 4 2012 - 08:18 AM WIB
By Romel S. Gurky
The Indonesian basket oil price, known as Indonesian Crude Price (ICP), stands at US$106.68 per barrel for November, down $3.18 from $109.85 in October, as shown Tuesday on the Directorate General of Oil and Gas? website.
The benchmark price of Minas/SLC crude averaged $108.26 per barrel for November, decreased from $111.78 in October, the website also shows.
The decrease occurred in line with the decrease of crude oil prices in international market.
Editing by David Mustakim