Iran raises Aug crude oil prices to Asia

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

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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