Iranian Crude at $76.6 pb
Iranian Crude at $76.6 pb
Sunday, May 27, 2018

Iranian Crude at $76.6 pb

Sunday, May 27, 2018

Iranian Crude at $76.6 pb

Iran's crude oil prices continued to advance in the week to May 18, following the trail of international oil benchmarks that have rallied to their peak levels in more than four years.
The country's light oil gained $2.81 to $76.60 per barrel in the week. Iran Heavy, one of the country's main grades for export, rose by $2.3, reaching $73.58 per barrel in the period, Shana reported on Saturday, citing a report by the Oil Ministry.
Shana added that the country's crude prices have averaged at $66.91per barrel since March 21.
According to Shana, the price of OPEC basket amounted to $75.61 a barrel in the period, indicating a $2.15 hike.


Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Short URL : https://goo.gl/HwiRNe
  1. https://goo.gl/87nw5M
  • https://goo.gl/MeZ6c9
  • https://goo.gl/aD2dJJ
  • https://goo.gl/SRa8iN
  • https://goo.gl/vWVMEa

You can also read ...

Germany to Miss 2020 Climate Goals
While the newly-installed German government grapples with...
India to Revive Rupee Payment for Iran  Oil Imports
India is looking to revive a rupee trade mechanism to settle...
US, Russia Plan Energy Talks in Washington
US Energy Secretary Rick Perry will meet Russia’s oil minister...
Saudi Minister Says: Timing of Aramco IPO Not Critical
Saudi Oil Minister Khalid Al-Falih signaled the possibility...
OPEC Meets Russia, Allies to Clarify Production Hike
OPEC meets Russia and other allies on Saturday to clinch a new...
Almost 40% of Middle East’s gas consumption take place in Iran.
Iran is burning off record amounts of natural gas, which is...
1st Pars Oil Cargo Exported
National Iranian Oil Company shipped its first batch of crude...
Mokran Petrochem Complex Development Underway
In line with efforts to establish the largest petrochemical...


i would like to read this article

Add new comment