VOL. XLI
No. 28
13-July-1998
IRAN
Iran Lowers August Price Formula For Light, Heavy Crude Unchanged
Iran's NIOC has reduced the August price formula for its Iranian Light crude by 20cents/B to Oman/Dubai minus 40 cents/B. Iranian Heavy remains unchanged at Oman/Dubaiminus 90 cents/B. The following table shows the adjustment factors for Iranian Light andIranian Heavy in relation to the Oman/Dubai average during 1998 ($/B):
1998 | ||||||||
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | |
Iranian... |
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