Iran sells crude oil at $45.21 per barrel in a week
Iran sold its light crude oil at $45.21 per barrel in the week ended on May 12, with 21 cents decrease from its previous week, IRNA reported on Tuesday. Meanwhile, Iran sold its heavy crude oil at $47.49 per barrel in the mentioned week, down 63 cents from its preceding week. The country’s heavy oil price was reported $51.17 on average since the beginning of 2017 until May 12. Meanwhile, with 56 cents drop from its preceding week, Organization of Petroleum Exporting Countries (OPEC)’s basket price stood at $47.53 per barrel in the mentioned ...
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