VOL. XLI
No. 24
15-June-1998
IRAN
Iran Raises July Price Formula For Heavy Crude
Iran's NIOC has increased the July price formula for its Iranian Heavy crude by 5cents/B, leaving Iranian Light unchanged. For July, Iranian Light will remain atOman/Dubai minus 20 cents/B, while Iranian Heavy will be priced at Oman/Dubai minus 90cents/B. The following table shows the adjustment factors for Iranian Light and IranianHeavy in relation to the Oman/Dubai average during 1998 ($/B):
1998 | |||||||
Jan | Feb | ...
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