Int’l oil derivatives prices drop in third week of August

shahennews

 The prices of oil derivatives in global markets have inched down in the third week of August, according to data released on Monday by the Ministry of Energy and Mineral Resources.

The ministry’s figures showed that the price of 90-octane gasoline went down by 4.5 percent, going from $680.5 per ton in the second week to $649.9 in the third week, while the price of 95-octane gasoline declined from $704.2 per ton to $670.6, a drop of 4.8 percent.

Diesel prices also dropped by 3.7 percent going from $565.6 per ton to $544.8, while the prices of kerosene declined by 3.4 percent, from $590 to $570.2 per ton.

The prices of liquefied gas for August stood at $656.3 per ton against $620 per ton in the previous month.

Benchmark Brent crude prices also dropped in the third week of the current month, from $71 to $68.6 per barrel.

//Petra// RZ