September ICP down to $111.02 per barrel
Tuesday, October 2 2012 - 02:26 AM WIB
By Peni Pedriawan
The Indonesian basket oil price, known as Indonesian Crude Price (ICP), stands at US$111.02 per barrel for September, down $0.70 from $111.72 in August, as shown Tuesday on the Directorate General of Oil and Gas? website.
The benchmark price of Minas/SLC crude averaged $112.76 per barrel for September, decreased from $115.22 in August, the website also shows.
The decrease occurred in line with the decrease of crude oil prices in international market.
Editing by David Mustakim
