November ICP drops to $41.44 per barrel
Thursday, December 3 2015 - 12:00 PM WIB
By Romel S. Gurky
The Indonesian basket oil price, known as Indonesian Crude Price (ICP), stood at US$41.44 per barrel in October, down $2.24 from $43.68 in October, as shown on Thursday on the website of the Directorate General of Oil and Gas at the Energy and Mineral Resources Ministry.
The decrease in the ICP occurred in line with the decline of crude prices in the international market.
Editing by Johannes Simbolon