Iran raises March light crude price for Asia – source

Iran has set the official selling price (OSP) of its Iranian Light crude oil grade for Asian buyers at $2 a barrel above the Oman/Dubai average for March, 20 cents higher from the previous month, an industry source with knowledge of the matter said on Wednesday.

The table below shows March crude prices for Asia, as differentials to the Oman/Dubai average. All prices are in U.S. dollars.

GRADEMARCHFEBRUARYCHANGE
IRANIAN LIGHT2.001.800.20
IRANIAN HEAVY0.35-0.250.60
FOROZAN0.40-0.250.65
SOROUSH-5.00-5.700.70
PARS-3.00-3.850.85

Source: reuters

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