Iran Raises June Price Formulas By 15 Cents/B
Iran's NIOC has increased June price formulas for its Asian customers by 15 cents/B.Iranian Light was raised to Oman/Dubai minus 20 cents/B, while Iranian Heavy was marked upto Oman/Dubai minus 90 cents/B. The following table shows the adjustment factors forIranian Light and Iranian Heavy in relation to the Oman/Dubai average for the first halfof 1998 ($/B):
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