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What is Indonesian Crude Price mean?
Indonesian Crude Price, or ICP, is a price index for crude oil from Indonesia.
The ICP is determined by Dirjen Migas, based on moving average spot price of a basket of eight internationally traded Indonesia crudes:
MinasCintaDuriArjunaAttakaWiduriBelidaSenipahIn some cases ICP is used as index in long term LNG contracts in East Asia.
referencePosted on 21 Sep 2024, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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