Iran’s light crude oil price exceeds $60 per barrel

MNA – Iran’s light crude oil price increased by 2 dollars and exceeded $60 per barrel in the week leading to November 3.

The prices of Iranian light crude oil rose by $2.59 and reached $60.04 per barrel in the week leading to November 3, while the average price for light crude oil was $50.39 per barrel since the beginning of 2017.

Heavy crude oil price in the same period increased by $2.52 and surged to $57.47 per barrel. OPEC basket price reached 58.73 cents, indicating 2.39 cents increase compared to the previous week.

WTI crude oil prices rose by 2.11 cents per barrel and reached $54.60. In the meantime, Brent crude oil price increased by 2.25 cents and mounted up to 60.83 cents per barrel.

Dubai and Oman crude oil prices are respectively $58.77 and $58.70 per barrel, indicating an upswing of $2.51 and $2.56.

Leave a Reply

Your email address will not be published. Required fields are marked *