Iran’s crude oil price falls to $108 per barrel
Azerbaijan, Baku, Nov.3/ Trend G.Mehdi/
Iran's crude oil prices fell by 20 cents a barrel to $108, the Fars News Agency quoted energy expert Esmaeil Rahimi on Saturday.
"Crude oil prices have decreased in Asian markets due to the fact that production resumed in the U.S. after Sandy hurricane subsided recently", he said.
Oil prices sank on Friday after an encouraging U.S. jobs report was overshadowed by post-Sandy shutdowns at U.S. East Coast refineries.
New York's main contract, light sweet crude for delivery in December dropped from $84.86 a barrel to $2.23.
In London trade auction, Brent North Sea crude for December shed $2.49 to $105.68 a barrel.