Indonesian Crude Price
# Indonesian Crude Price

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:

* Minas
* Cinta
* Duri
* Arjuna
* Attaka
* Widuri
* Belida
* Senipah

In some cases ICP is used as index in long term LNG contracts in East Asia.

