Iran Times

The Oil Patch

January 10, 2020

Daily OPEC barrel price (last three months)
Daily OPEC barrel price (last three months)

JUMP— The price of an OPEC barrel jumped four dollars in the two days after the assassination of Qods Force commander Gen. Qassem Soleymani, a significant but not really large surge considering all the talk around the globe anticipating a war. The OPEC price was last above $70 in April and May for about six weeks before sinking again below $60.

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