Iran cuts price of August light crude to Asia
Iran has set the official selling price for its light crude oil grade for Asian buyers at $4.35 a barrel below the Oman/Dubai average for August, the state-owned National Iranian Oil Company said on Wednesday.
RoydadNaft – Iran has set the official selling price for its light crude oil grade for Asian buyers at $4.35 a barrel below the Oman/Dubai average for August, the state-owned National Iranian Oil Company said on Wednesday.
The July price was set at a premium of $7.15 to Oman/Dubai quotes.
|
GRADE |
August |
July |
CHANGE |
|
IRANIAN LIGHT |
-4.35 |
+7.15 |
–11.50 |
|
IRANIAN HEAVY |
-6.50 |
+5.30 |
–11.80 |
|
FOROZAN |
-6.40 |
+5.45 |
–11.85 |
|
SOROUSH |
-2.50 |
-2.50 |
0 |
|
PARS |
-8.00 |
+3.80 |
–11.80 |
