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

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