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IRAN Energy News Agency
Oil, Gas, Petrochemical and Energy Field Specialized Channel
Oil, Gas, Petrochemical and Energy Field Specialized Channel
Oil, Gas, Petrochemical and Energy Field Specialized Channel

Iran's Light Crude Hits $54

Iran Heavy, one of the country's main export grades, settled at $51.60 a barrel, up 91 cents from the previous week.

Iran's light crude extended its rally to $54 per barrel in the week to September 15 along with a global upturn in oil market. The light grade rose by $1.60 to $54.01 a barrel in the week.

Iran Heavy, one of the country's main export grades, settled at $51.60 a barrel, up 91 cents from the previous week, Shana reported on Saturday, citing a report by the Oil Ministry. Iranian crude has averaged $49.31 a barrel in 2017.

The upward trend comes as global oil benchmark Brent was close to $57 a barrel on Friday, holding firm at five-month high. The price of the Organization of Petroleum Countries' basket of 14 crudes stood at $54.59 a barrel on Thursday, compared with $54.06 the previous day, according to OPEC Secretariat calculations.

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Parvin Faghfouri Azar
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Iran's Light Crude Hits $54

Iran Heavy, one of the country's main export grades, settled at $51.60 a barrel, up 91 cents from the previous week.
Parvin Faghfouri Azar
Iran's light crude extended its rally to $54 per barrel in the week to September 15 along with a global upturn in oil market. The light grade rose by $1.60 to $54.01 a barrel in the week.Iran Heavy, one of the country's main export grades, settled at $51.60 a barrel, up 91 cents from the previous week, Shana reported on Saturday, citing a report by the Oil Ministry. Iranian crude has averaged $49.31 a barrel in 2017.The upward trend comes as global oil benchmark Brent was close to $57 a barrel on Friday, holding firm at five-month high. The price of the Organization of Petroleum Countries' basket of 14 crudes stood at $54.59 a barrel on Thursday, compared with $54.06 the previous day, according to OPEC Secretariat calculations.
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