Iranian Oil Tops $105 Mark / Significant Price Rise in Latest OPEC+ Report (Table)

OPEC's latest report points to a significant rise in Iranian oil prices in Shahrivar, a trend also reflected in the country's average oil price compared with last year.

Ambassador Arjan: The latest OPEC report indicates a significant increase in the price of Iranian oil in September; A trend that can be seen in the average price of oil in the country compared to last year.

The latest statistics of the Secretariat of the Organization of Crude Oil Exporting Countries show that Iranian heavy oil was sold at $105.84 per barrel in September.

This figure is $24.59 more expensive than the previous month, August.

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Informed sources said at the end of September that including the revenue collected in September, the total oil revenue of the country in the first half of the year has exceeded 16 billion dollars.

The average price of Iranian oil in the first nine months of last year was $71.80 per barrel.

Now, the 9-month average price of Iranian oil this year has reached $92.70, which means that this figure has become more expensive by $23.66 compared to last year.