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Home Economy Economy News Iran sets Oct. light crude price $1.1 above Oman/Dubai quotes

Iran sets Oct. light crude price $1.1 above Oman/Dubai quotes

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Iran sets Oct. light crude price $1.1 above Oman/Dubai quotes

TEHRAN - The National Iranian Oil Company (NIOC) has set the official selling price (OSP) of its light crude for Asian buyers at $1. 1 a barrel above the average of Oman and Dubai quotes, 10 cents higher than the previous month, Reuters reported quoting a source with knowledge of the matter.

September OSP for Iranian Heavy crude was set at 90 cents a barrel below Oman-Dubai quotes, while Forozan's OSP is at 75 cents a barrel below Oman-Dubai quotes. Soroush September OSP was set at $5. 55 a barrel below Oman-Dubai quotes.

 

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