Home
|
Media Center
|
Careers
Personal
Accounts
Loans
eBanking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
Tutorials
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Awards
BBK awarded for distinguished Corporate Governance practices
Bahrain’s pioneer in commercial and retail banking
BBK wins first place for excellence in Corporate Governance practices
BBK wins Bahrain eContent Award
BBK newsletter
CINET
BBK Press releases
Latest News
Archives
Financial News
Latest News
Archives
Internet Banking
Retail login
Help
|
Alert
What do you want to do?
Select here
Access Retail Internet Banking
Home
Media Center
Financial News
Archives
Archives
15-09-22
OPEC: Iranian heavy crude oil price declines 5 percent last month
(MENAFN) Iranian heavy oil cost declined by USD5.39 last month to record a 5 percent decrease in comparison with the prior month, in line with OPEC’s most recent month-on-month report issued on Tuesday.
Following the surge in oil provision by OPEC associates in the second month in a row, the Iranian heavy crude oil cost stood at USD102.24 a barrel last month, against USD107.63 a barrel in the month before (July).
In line with the report, the nation’s average heavy crude price reached USD105.06 from the start of this year up to the report’s publishing day, compared to USD65.70 in the prior year’s same span of time.
The report put Iranian crude production for last month at 2.572 million barrels per day (bpd) showing a 5,000-bpd surge in comparison with the number for the prior month.
According to OPEC figures, the nation’s average crude production in the April-June period of this year reached 2.556 million bpd showing an almost 27,000-bpd surge in comparison with the average number for the 2022’s January-March quarter.
MENAFN15092022000045014228ID1104868615
View complete sitemap
Personal
Accounts
Loans
Mortgage
eBanking
ATM
Internet Banking
SMS Banking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
BBK tariffs
Tutorials
Customer Protection
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Follow us