Indonesia's ICP Up to $54.02 Per Barrel in October 2017

Annisa ayu artanti    •    03 November 2017 13:51 WIB
energy
Indonesia's ICP Up to $54.02 Per Barrel in October 2017
Illustration (Photo: Antara/M Agung Rajasa)

Metrotvnews.com, Jakarta: The average price of the Indonesian Crude Price (ICP) increased by $1.55 per barrel to $54.02 per barrel from $52.47 in October 2017.

Meanwhile, the average price of the Sumatra Light Crude (SLC) increased by $1.54 per barrel to $54.71 per barrel from $53.17 per barrel last month.

"It is in accordance with the increase of global oil prices in international oil markets," the Energy and Mineral Resources Ministry said in a press release on Friday morning.

These are the average oil prices in the world markets last month: 

- Dated Brent increased by $1.32 per barrel to $57.36 per barrel from $56.05 per barrel. 

- Brent (ICE) increased by $2.13 per barrel to $57.65 per barrel from $55.51 per barrel. 

- WTI (Nymex) increased by $1.72 per barrel to $51.59 per barrel from $49.88 per barrel.

- Basket OPEC increased by$1.92 per barrel to $55.36 per barrel from $53.44 per barrel.


(WAH)