Iran light crude up by $2.43

IRNA – Iran’s light crude was sold for 62.39 dollars, down 2.43 dollars, a barrel on the average in the week to February 23.

Petroleum Ministry website says Iran light crude price rose for the first time in February and hit $63 a barrel.

Iran average crude price has been $65.72 since 2018.

In February, average price for Iran heavy crude rose by $1.64.

The index reached $61.73 in the period for each barrel.