Indonesia sets March Minas crude price at $113.05/bbl

SINGAPORE (Reuters) – Indonesia has set the official Indonesia Crude Price (ICP) for Minas crude oil at $113.05 a barrel for March, up $17.12 from the previous month, a document from the Ministry of Energy & Mineral Resources showed on Wednesday.

The March Minas alpha, or price difference to dated Brent, was set at minus $5.76 per barrel, down $3.5 cents from a month before, the document showed.

(Reporting by Florence Tan and Muyu Xu; Editing by Mark Potter)

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