Approximate average of each barrel of Iranian exported oil during the first 25 days of the new Christian year, 2012, reached 112 dollars and 12 cents, International Relations of National Iranian Oil Company (NIOC) reported Friday.
According to the IRNA Economic Desk, the NIOC Friday report noted that the average of highest rate per barrel of the Iranian light oil exported during that period was $114.86 and the lowest, which was exported to the Mediterranean region, was $109.76.
The average price of highest Iranian heavy oil exported to Asia on 25th of January, 2012 was $113.24, and its average lowest price, exported to the Mediterranean region was $197.91.
According to the report, the NIOC estimation for Iran's oil export per barrel on January 25th was $110.85.
The highest price per barrel of the Iranian light oil on that day for an Asian destination was $113.90 and the lowest for a Mediterranean destination was $107.98.
The highest price of the heavy Iranian export oil on that day for an Asian destination was $112.28 and the lowest, for the Mediterranean region was sold at $106.13.
The price of crude oil on January 25th, 2012 increased in American markets, but lowered in European oil markets, and the adverse effect was due to the economic conditions in those two regions. The Federal Reserve members announced after a two-day session that the United States is still faced with an increasing unemployment rate and a very low economic growth trend.
In oil business of that day each barrel of the US index oil at New York Market for delivery in March 2012, with a 24 cent increase sold at $99.40 and the price of each barrel of the North Sea Brent oil, too, with 22 cents decrease reached $109.81.
© IRNA 2012
