Iran Raises September Prices In Line With Saudi Increases
Iran's NIOC has raised its September price formulas for Asian deliveries by 50 cents/Bon both Iranian Light and Iranian Heavy crudes. This follows NIOC's regular practice ofadjusting its prices for Iranian Light and Iranian Heavy crudes cent-for-cent in line withthe respective monthly movements of Saudi Arab Light and Arab Medium crudes. The followingtable shows the adjustment factors for Iranian Light...
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