Indonesian crude price (ICP) for September 2017 increased to US$52.47 per barrel, from US$48.43 in August. SLP price increased to US$53.17 per barrel from US$49.17. This increase was inline with global crude oil prices which due to growing demand (1.42 million barrels per day). For 2018, world oil demand is expected to reach 1.35 million. While oil inventory and supply also declined by 410,000 barrels per day to 96.75 million barrels per day in September.
