Iran to sell oil at $50 per barrel next year
Iran’s President Hassan Rouhani presented the country’s next year budget bill to the Parliament. (Photo by AFP)/ Iran expects to sell its crude oil at around $50 per barrel over the next Iranian calendar year that starts on March 21, 2017. The figure shows a rise of 25 percent compared to the budget for the current Iranian calendar year (March 2016-2017) during which Iran had anticipated, as per its budget bill, to sell its oil at $40 per barrel. A draft version of the country’s budget bill for the next year envisages a total income of over ...
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