Petrol prices reduces at $10 per barrel in International Market

TEHRAN: World Bank has indicated that, after lifting the ban from Iran, prices of petroleum products can be reduced by $10.00 per barrel.

According to the details, World Bank has predicted that Petrol Prices can be lowered due to lifting of Ban from Iran. World Bank told that due to the lift in ban, petrol prices can be reduced for upto $10.00 per barrel. Due to the ban lifting, Iran will be able to increase its productivity of Oil products.

Once the ban will be lifted, it will greatly benefit to British, China, India and Turkey. Currently, raw oil is at the level of $45.00 per barrel, which is the lowest price range in the International Market till now.