Iranian light oil price at $62.03 in a week
Iran’s light crude oil price fell 71 cents in the week ended on December 8 to settle at $62.03 per barrel, Mehr news agency reported on Sunday. The country’s light oil price was reported $51.73 on average since the beginning of 2017 until December 8. Meanwhile, the country’s heavy crude oil also experienced a 30-cent fall in the said week to settle at $59.47 per barrel. In the mentioned week, Organization of Petroleum Exporting Countries (OPEC)’s basket price stood at $60.84 per barrel with 51 cents decrease compared to the preceding week. ...
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