Iranian oil price falls 9 cents per barrel in a week
After consecutive weeks of rise following the OPEC and non-OPEC deal on November 2016, Iranian light crude oil price experienced a nine cent decline in the week ending January sixth, to settle at $53.22, Shana reported on Saturday. According to the report, Iran’s heavy oil price in the same week experienced a 20-cent fall per barrel to descent to $52.84. OPEC’s oil price for the mentioned week also fell 1 cent to stand at $53.9 per barrel. According to a report by Bloomberg, Oil posted the biggest weekly decline since November 2016 as ...
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