Iran raises Aug crude oil prices to Asia

MG News | July 18, 2022 at 01:59 PM GMT+05:00

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July 18, 2022: Iran has set the official selling price (OSP) of its Iranian Light grade for its Asian buyers at $8.90 above the Oman/Dubai average for August, up $2.80 from the previous month, two industry sources with direct knowledge of the matter said on Monday.

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

GRADE	August	July	Change
IRANIAN LIGHT	8.90	6.10	2.80
IRANIAN HEAVY	5.60	4.60	1.00
FOROZAN	5.65	4.70	0.95
SOROUSH	1.45	0.95	0.50

Reuters

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KSE100	167,844.25 170.38M	-0.40% -670.20
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KSE30	50,308.01 73.54M	-0.54% -271.17
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Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	75,915.00	77,940.00 75,590.00	-1780.00 -2.29%
BRENT CRUDE	104.25	106.36 101.34	1.67 1.63%
RICHARDS BAY COAL MONTHLY	110.00	0.00 0.00	-9.00 -7.56%
ROTTERDAM COAL MONTHLY	113.00	0.00 0.00	0.45 0.40%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	97.00	99.43 94.73	0.65 0.67%
SUGAR #11 WORLD	14.68	14.91 14.59	-0.22 -1.48%