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Syria-Lebanon-Iran
Iran mullahs sold oil at $22.85, the lowest in 2003
2004-11-12
Iran mullahs sold Iran's oil at $22.85 a barrel last year, the lowest at the time among Organisation of Petroleum Exporting Countries (OPEC) members, the Management and Planning Organization (MPO) said in a report. Libya set the highest price record among OPEC members with $32.89 (February 2003). The average price of Iran's oil in 2003 was $26.97, which was 14.9 percent higher than the 2002 figures, Iran's Mehr news agency reports. The MPO report added that Iran's crude price set its highest point in February at $29.89 a barrel. Iran's oil price was set at the lowest point in the OPEC table in 2003 other than the months of August and September.
Posted by:Mark Espinola

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