September ICP up to $109.69 per barrel

Friday, October 4 2013 - 07:19 AM WIB

By Romel S. Gurky

The Indonesian basket oil price, known as Indonesian Crude Price (ICP), stood at US$109.69 per barrel in September 2013, up $3.13 from $106.56 in August 2013, as shown Friday on the Directorate General of Oil and Gas? website.

The benchmark price of Minas/SLC crude averaged $113.93 per barrel in September 2013, an increase from $107.30 in August 2013, the website also shows.

The increase occurred in line with the rise of crude prices on the international market.

Editing by Johannes Simbolon

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