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FinancialNews


  • 17-07-21

    Iranian heavy crude price stands at USD63.63 from the beginning of 2021

    (MENAFN)OPEC’s recent monthly report showed that Iranian heavy oil price amounted at USD4.96 in June to mark a 7.4-percent improvement in comparison to June.

    Iranian heavy crude oil price followed its upward trend as the start of this year to amount at USD71.68 per barrel in the stated month, in comparison to May’s USD66.72 per barrel.

    The country’s average heavy crude price stood at USD63.63 from the start of 2021 increased to the report’s publishing day, compared to USD37.68 in the 2020’s same time span.

    The report put Iranian crude output for March at 2.47 million barrels per day (bpd) marking a 33,000-bpd improvement in comparison with the value for the June. 

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