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Indonesia sets August Minas crude oil price at $86.22 a barrel

Monday, 04 September 2023 | 00:00

Indonesia has set the official Indonesia Crude Price (ICP) for Minas crude oil at $86.22 a barrel for August, up $6.17 from the previous month, a document from the Ministry of Energy & Mineral Resources showed.

The August Minas alpha, or price difference to dated Brent, was set at plus 28 cents a barrel, up $1.31 from a month earlier, the document which was seen by Reuters showed.
Source: Reuters (Reporting by Muyu Xu; Editing by William Mallard)

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