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Latest News

  • 16-09-20

    Iranian serious crude oil inflation 4.1percent in August

    (MENAFN) OPEC's latest monthly account issued on Monday stated that Iranian heavy oil price increased 1.77 USD in August to list a 4.1-percent increase contrasted to the preceding month.

    ISNA accounted Iran sold its heavy crude oil at 45.07 USD per barrel in the talked about month, contrasted to July's 43.3 USD per barrel.

    The account stated that the country's average heavy crude cost was 39.34 USD since the starting of 2020 up to the account's issuing day, in contrast to 62.46 USD in the preceding year's same phase.

    The account put average Iranian crude production for the second quarter of 2020 at 1.958 million barrels per day representative a near 103,000-bpd drop contrasted to the outline for the first quarter of 2020.

    MENAFN1609202000450000ID1100805673

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