Indonesian crude price (ICP) for June 2017 declined to US$43.66 per barrel from US$47.09 per barrel in May 2017. While SLC price fell to US$44.71 per barrel from US$48.08 in May. The average crude price in international market also declined such as Brent, West Texas Intermediate (WTI), and OPEC Basket. Crude oil production or output increased and rigs in United States rose. Oil refinery in Japan was under maintenance affecting the decline in crude price. Demand from China and South Korea also fell.
