VOL. XLI

No. 41

12-October-1998

IRAN

Iran Leaves Formula Prices Unchanged For November

Irans NIOC has left the November price formulas for its IranianLight and Iranian Heavy crudes unchanged from October prices at Oman/Dubai plus 10 cents/Band Oman/Dubai minus 20 cents/B respectively. The following table shows the adjustmentfactors for Iranian Light and Iranian Heavy in relation to the Oman/Dubai average during1998 ($/B):

1998

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Iranian Light

...