VOL. XXXIII
NO. 38
25 JUNE 1990
Oil Prices
Iran and Japanese Buyers Agree on Price Reductions for July
Only Iran's NIOC and its Japanese crude oil customers have agreed on priceformulas for the month of July only so far, rather than for the whole of thethird quarter, as is the normal practice, MEES understands. The Iranian crudeprices agreed upon for July are very much in line with the recently announcedSaudi price reductions for July (down 25 cents for Light, 70 cents for Mediumand 60 cents for...
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