title: Indonesian Crude Price
text: # 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.
  
  