IRAN

Japanese Buyers Show Growing Interest in Iranian Liftings 

Now that supplies of favored market priced crudes in the Gulf, such as Oman, Dubai and Qatar, are setting tighter, Japanese buyers seem to be increasingly thinking of turning to Iran to meet their substantial requirements for Gulf crudes in September. At the end of last week spot prices for Oman, Dubai and Qatar crudes had strengthened to $26.65/B, $25.90/B and $26.90/B respectively for September delivery. Iranian crudes,...