10 August 2018 - 13:26

Iran's Oil Discount to Asian And Western Buyers

NIOC has set a discount for its customers by 90 cents in Septembers.
News ID : 89712
نفت

The National Iranian Oil Company has set the September official selling price (OSP) for Iranian Light crude to Asia at $1.20 a barrel above the average of Oman and Dubai quotes, 80 cents lower than the previous month, a source with knowledge of the matter said on Friday, Reuters reported.



The 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, the source said.



Soroush September OSP was set at $5.55 a barrel below Oman-Dubai quotes. NIOC cut prices for crude supplies to the West by 50 cents to $1.45 a barrel.


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