November ICP down to $75.39 per barrel
Tuesday, December 2 2014 - 02:11 PM WIB
By Romel S. Gurky
The Indonesian basket oil price, known as Indonesian Crude Price (ICP), stood at US$75.39 per barrel in November 2014, down $8.33 from $83.72 in October 2014, as shown on Tuesday on the website of the directorate general of oil and gas at the energy and mineral resources ministry.
The benchmark price of Minas/SLC crude averaged at $76.33 per barrel in November 2014, a decrease from $84.46 in October 2014, the website reported.
The decrease occurred in line with the rise of crude prices on the international market.
Editing by Johannes Simbolon