Global Oil Price
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Trump’s sanctions on Iran could push oil prices above $100 per barrel
TEHRAN, Sep. 12 (MNA) – US sanctions on Iran’s energy industry, when they come into effect in November, could potentially drive oil prices above $100 per barrel, according to an industry expert.
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Oil price falls as EU, Asia resist US pressure
TEHRAN, May 14 (MNA) – Oil price on Monday experienced a considerable decline on Monday due to the increased opposition to Iran’s sanctions.
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Prices of Iranian light crude reaches $68 per barrel
TEHRAN, Jan. 13 (MNA) – Iranian light crude price which has started going up since the beginning of 2018 reached 68 dollars in the week leading to the 5th of January.
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By M.A. Saki
Neither logical nor expedient
TEHRAN, Jan. 10 (MNA) – In its national budget bill submitted to the parliament, the government has proposed to raise fuel prices, mainly petrol, to raise 174 trillion Rials (around $4.3 billion) and invest that money to create jobs.
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Oil minister:
OPEC members not keen on Brent prices above $60
TEHRAN, Jan. 09 (MNA) – Iranian Minister of Petroleum Bijan Zangeneh said on Tuesday that OPEC members do not want Brent Crude prices over 60 dollars.
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Prices of Iranian crude stand at $62 per barrel
TEHRAN, Dec. 17 (MNA) – Iran’s light crude prices fell by 71 cents to be traded at 62.03 dollars per barrel in the week leading to December 08.
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Iranian light crude prices hit new record high
TEHRAN, Nov. 20 (MNA) – Iran’s light crude oil demonstrated a new record high figure by approaching $65 per barrel in the week leading to November 10.
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Prices for Iranian crude exceed $53 per barrel
TEHRAN, Sep. 24 (MNA) – Iran’s light crude prices moved up by over one dollar to reach as high as 54 dollars per barrel in the week leading to September 15.
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Iran’s light crude prices hit $51 per barrel
TEHRAN, Sep. 04 (MNA) – Prices for light crude of Iran rose by more than one dollar to be traded at 51 dollars per barrel in the week leading to August 25.
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Two October surprises could boost oil prices above $50
TEHRAN, Aug. 23 (MNA) – Oil prices will remain stuck in a range near $50 a barrel unless one of two global hotspots delivers an October surprise to the market, jolting the cost of crude higher, according to Helima Croft, global head of commodity strategy at RBC Capital Markets.