Iran’s light crude oil price up about $2

Tehran, June 19, IRNA – The price of Iran’s crude oil, both light and heavy, increased about $2 in the week ending to June 10 showing the biggest growth among various types of crude oil.

According to OPEC Affairs and Energy Forum Office, having $1.93 growth, the price of Iran’s light crude oil hit $47.58 for each barrel in the week ending to June 10.

The average price for light crude oil has been $35.54 per barrel since the beginning of Iranian calendar year.

Having $1.95 growth, Iran’s heavy crude oil price reached $45.54 per barrel. The average price for heavy crude oil has been $33.12 since the beginning of Iranian calendar year.

The OPEC Basket Price was also $47.11 per barrel which had $1.77 increase compared to its previous week.

Iran exported $2.1m bpd crude oil in the current Iranian month of Khordad (May 21- June 20, 2016).

By IRNA