September ICP up to $52.47 per barrel
Thursday, October 5 2017 - 01:11 AM WIB
By Romel S. Gurky
The Indonesian basket oil price, known as Indonesian Crude Price (ICP), stood at an average of US$52.47 per barrel in September, up by $4.04 from $48.43 in August, as shown on Wednesday on the website of the Energy and Mineral Resources Ministry.
The benchmark price of Minas/SLC crude averaged at $53.17 per barrel in September, an increase from $49.17 in August, the ministry said.
The increase occurred in line with higher crude prices in the international market.
Editing by Reiner Simanjuntak