Iran`s light oil Continues to Rise

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Oil prices. which began rising in the first days of 2018. continue to go up in a way that the price of Iran`s light oil neared 70 dollars per barrel in the week ending on Jan 12.

The price of Iran`s light oil increased by 1.69 dollars in the mentioned period to reach 69.26 dollars per barrel.

The Iranian oil has been traded at 68.51 dollars per barrel on average since the beginning of 2018.

OPEC basket price increased by $1.32 in the mentioned week reaching 66.81 dollars per barrel.