Tuesday, June 17, 2025 Supply of OPEC+ Crude Oil Opening Opening, Lower ICP May to USD62.75/Barel

News Energy & Renewables Reports

Date: 17th Jun, 2025 Source: Ministry of Energy and Mineral Resources (ESDM) Country: Indonesia Original Source

Brief

On Tuesday, June 17, 2025, the Ministry of Energy and Mineral Resources (ESDM) issued an update regarding. The Indonesian Crude Price (ICP) for May 2025 was set at USD62.75 per barrel, a decrease from USD65.29 in April. This drop aligns with international market trends due to OPEC+ agreements to increase supply by 410,000 barrels per day.

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Ministry of Energy and Mineral Resources (ESDM)

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Tuesday, June 17, 2025 Supply of OPEC+ Crude Oil Opening Opening, Lower ICP May to USD62.75/Barel

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Tuesday, June 17, 2025 Supply of OPEC+ Crude Oil Opening Opening, Lower ICP May to USD62.75/Barel

Brief

Ministry of Energy and Mineral Resources (ESDM)

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