Iranian heavy crude oil price rises $4.35 per barrel in April: OPEC

MNA – Iranian heavy oil price increased $4.35, according to OPEC’s latest monthly report to reach $68.5 in April.

As the same report confirmed, the average price of Iranian crude oil in 2017, stood at $49.60 per barrel and in 2018 at $64.25 per barrel.

In the first four months of 2019, the prices hovered around $62.53 per barrel, the report added.

According to previous reports, in March 2019, Iranian crude oi price stood at $64.14 per barrel. Iran produced 2.698 million barrels per day (bpd) of oil in the said month, a 28,000 bpd decrease from 2.726 million bpd in the preceding month.

The average Iranian crude output for the Q1 2019 was 2.714 million barrels per day indicating a near 264,000-bpd fall compared to the figure for Q4 2018.

Iranian oil industry has been under pressure from the US efforts to isolate the country by reimposing sanctions.

Source Article from

Related Posts
Tehran Times – Issuance of permits for setting up industrial units in Iran increased 25
France Delays Fuel Tax Rises for Six Months
MNA – According to the head of Statistical Center of Iran the point-to-point inflation rate
By Dr Lasha Darkmoon First published on The Occidental Observer. (This may also be read
September 26, 2018 By Mac Slavo As debt and interest rates rise, the government is

Hits: 43

You can leave a response, or trackback from your own site.

Leave a Reply


Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes