September ICP down to $94.97 per barrel
Friday, October 3 2014 - 07:12 AM WIB
By Ruli Setiawan
The Indonesian basket oil price, known as Indonesian Crude Price (ICP), stood at US$94.97 per barrel in September 2014, down $4.54 from $99.51 in August 2014, as shown on Friday 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 $95.66 per barrel in September 2014, a decrease from $100.00 in August 2014, the website reported.
The decrease occurred in line with the rise of crude prices on the international market.
Editing by Benget Besalicto ST