VOL. XLII
No. 38
20-September-1999
IRAN
Iran Raises October Price Formulas For Asian Customers
Iranç—´ NIOC has increased the October price formulas forIranian Light and Iranian Heavy crudes for its Asian customers by 30 cents/B.The October price formula for its Foroozan Blend was not available. Iranç—´prices for Asia are set for the quarter, but reviewed monthly. The followingtable shows the adjustment factors for Iranian crudes sold to Asian customersin relation to the Oman/Dubai average benchmark...
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