Iran’s Light Oil Price up $1.2 in a Week

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Iran’s light crude oil price rose $1.2 in the week ended on December 15 to settle at $63.23 per barrel. IRNA reported on Saturday.
The country’s heavy crude oil price also experienced a $1.02 increase in the said week to settle at $60.49 per barrel.
In the mentioned week. Organization of Petroleum Exporting Countries (OPEC)’s basket price stood at $61.71 per barrel with 87 cents rise compared to the preceding week.