Iran's Average Oil Prices Rise $12 on Year

EghtesadOnline: Average prices of Iranian crude oil have soared by around $12 per barrel in 2017 from the previous year, the Oil Ministry said, reflecting an upward trajectory in global prices of the energy commodity.

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Publish Date:15/January/2018 | 06:22

Iran Crude Oil Prices Slide

EghtesadOnline: Iran's crude prices extended their recent losses into the week to May 12, mirroring the withering effect of a global initiative to cut down supplies and lift stubbornly low prices.

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Publish Date:24/May/2017 | 08:54

Oil Prices Ease

EghtesadOnline: Oil prices hit their lowest in 11 days on Tuesday on news that US shale oil output in May is expected to post the biggest monthly increase in more than two years, fuelling concerns that US production growth is undermining efforts to cut oversupply.

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Publish Date:19/April/2017 | 10:57

Iran's YoY Oil Price Rises 25%

EghtesadOnline: Iran's crude oil prices settled around 25% higher in March compared to the same period the previous year, drawing support from a global pact to scale back production to prop up prices.

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Publish Date:06/April/2017 | 18:10

Iranian Light Crude Dips

EghtesadOnline: A rally in Iran's oil prices cooled in the week to January 19 as the country's light crude settled below $69 a barrel in the week.

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Publish Date:29/January/2018 | 11:31

Iran Crude Prices Up, Exports Above 2 mbpd

EghtesadOnline: Iran's crude oil traded at about $43 per barrel in the week to June 30 amid concerns about rising US crude inventories and limited impact of an OPEC-led scheme to reduce supplies and raise prices.

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Publish Date:10/July/2017 | 08:23

Iran Crude Prices Slide 5%

EghtesadOnline: Iranian crude oil slipped to $45 per barrel in the week to June 9 amid bearish sentiments that an OPEC-led initiative to erase global oil stocks to lift prices is not enough.

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Publish Date:19/June/2017 | 08:12

Iran Crude Oil Slips Below $50

EghtesdaOnline: Iranian crude oil traded down more than 4% to $45 per barrel in the week to April 28, showing signs of pressure from the slowdown in the global oil markets.

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Publish Date:15/May/2017 | 13:23

Iranian Crude Oil at $53 Per Barrel

EghtesadOnline: Iran's crude oil traded above $53 a barrel in the week to April 14, reflecting the global confidence in a pact between OPEC and non-OPEC producers to slash supplies to boost flagging oil prices.

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Publish Date:24/April/2017 | 09:38

Oil Prices Slide

EghtesadOnline: Oil prices edged lower on Friday, on course for the biggest weekly drop in a month, over doubts that an OPEC-led production cut will restore balance to an oversupplied market.

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Publish Date:22/April/2017 | 08:29

Iran Crude Prices Near $50 Per Barrel

EghtesadOnline: Iran's crude oil edged closer to $50 a barrel at the end of last month, the Oil Ministry said.

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Publish Date:09/April/2017 | 08:42