October ICP down to $109.85 per barrel
Friday, November 2 2012 - 03:14 AM WIB
By Puspita Maylana Devi
The Indonesian basket oil price, known as Indonesian Crude Price (ICP), stands at US$109.85 per barrel for October, down $1.17 from $111.02 in September, as shown Friday on the Directorate General of Oil and Gas? website.
The benchmark price of Minas/SLC crude averaged $111.78 per barrel for October, decreased from $112.76 in September, the website also shows.
The decrease occurred in line with the decrease of crude oil prices in international market.
Editing by David Mustakim