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Iran’s falling oil export sends oil prices higher
Oct. 16, 2018
Source: Reuters

Iran’s falling oil export sends oil prices higher

Signs of fall in Iranian oil exports ahead of the November sanctions sent oil prices higher today in the international market. Brent crude rose by 0.33%, to $81.05/barrel. WTI crude climbed to $71.90 a barrel. According to data from Refinitiv Eikon, Iran experienced a drop in the oil exports, from 1.6 million bpd to 1.33 million bpd. Fresh wave of US sanctions on Iran will kick in on November 4th.

   Read More About : Brent Price Iran Oil Prices WTI US Sanctions
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