Iran light crude price hits $69 a barrel

274  Views   |   Sunday, January 28, 2018

Tehran, Jan 28, IRNA – Iranian light crude was sold for $69 a barrel on January 19 after a period of upward selling since the beginning of 2018.

Iran light crude price hits $69 a barrel

Petroleum Ministry website put the price for Iranian light crude at 68.81 dollars (down 60 cents) a barrel by the week ending January 19. Since January 1, the Iranian crude oil has been sold for 68.62 dollars per barrel on the average.

Iranian heavy crude rose by 60 cent in price per barrel and hit 66.22 dollars.

Iranian heavry crude has been sold for 65.48 dollars a barrel on average since January 1.

The price for the OPEC basket of 14 crudes was up 40 cents, sold for 67.21 dollars.