Iran’s crude oil price rises in H1 2024: OPEC

The latest report of the Organization of Petroleum Exporting Countries (OPEC) indicated that the average Iran's crude oil price increased $4.76 per barrel in the first half of the 2024 compared to the same period last year.

News ID: 852926

EghtesadOnline: Iran’s crude oil price rose by $4.76 per barrel from January to June 2024 compared to the last year’s corresponding period, the report added.

According to OPEC, Iran’s crude oil was sold at $83.65 per barrel.

The average price of Iranian crude in the first six months of 2024 exceeded $4.76 per barrel compared to the same period last year.

As Iran’s crude oil price increased in this period, the crude oil price in Saudi Arabia decreased 29 cent and reached $85.31 per barrel.

The OPEC’s average crude oil price in June 2024 decreased 37 cent and reached $83.32 per barrel, the report added. / Mehr