SINGAPORE: Indonesia has set the official Indonesia Crude Price (ICP) for Minas crude oil at $54.71 a barrel for October, the highest since June 2015, according to a document from the Ministry of Energy & Mineral Resources seen by Reuters on Friday.
The Minas ICP was up $1.54 per barrel from the previous month.
The October Minas alpha, or price difference to dated Brent, was set at minus $2.65, up 23 cents from the previous month, according to the document.
Comments
Comments are closed.