Iran General NewsIran sees WTI crude around $90 if dollar weakens

Iran sees WTI crude around $90 if dollar weakens

-

Reuters: An Iranian official predicted on Sunday that price of WTI crude could reach around $90 per barrel by December if U.S. dollar continued to lose value, Iran’s state broadcaster IRIB’s web site reported. TEHRAN, Sept 30 (Reuters) – An Iranian official predicted on Sunday that price of WTI crude could reach around $90 per barrel by December if U.S. dollar continued to lose value, Iran’s state broadcaster IRIB’s web site reported.

“If the value of dollar continues to drop, the price of … WTI … will reach about $90 in three months,” said Hojjatollah Ghanimifard, international affairs director of the state-owned Iranian oil company.

WTI crude slipped $1.22 on Friday to $81.66 per barrel as traders took profits from near record prices and as worries lingered about a slowdown in the U.S. economy.

Latest news

The Role of Students and Universities in Iran’s Nationwide Uprising

In the national uprising of the people of Iran, which started in mid-September this year, the students played a...

Snapback Sanctions, a Must Response to Iran’s Human Rights Abuse and JCPOA Violations

The protests in Iran have been going on for more than two months, even though the regime is cracking...

Growing Disintegration Among Iran Regime’s Forces

Iran has been shaken by a wave of nationwide protests since mid-September. The trigger was the death of the...

Grim Tidings for Iran’s Regime After Approval of UN Fact-Finding Mission

After many discussions and debates, the United Nations Human Rights Council has approved a fact-finding mission to investigate the...

Iranian People’s Resistance Changed the Appeasement Policy

Soon after the new US government started its obligations in January 2021, hand in hand with the European governments...

Khamenei’s Disgraceful Campaign Against Piranshahr and Javanrud, Who Will Be the Loser?

On the 67th day of Iran’s revolution, the Iranian regime attempted to put a halt to the protests in...

Must read

Iran’s Supreme Leader appoints new Navy chief

Iran Focus: Tehran, Iran, Aug. 21 - Iran's Supreme...

Finn to become new chief U.N. nuclear inspector: diplomats

Reuters: A senior Finnish nuclear official is to become...

You might also likeRELATED
Recommended to you