VOL. XL No. 1621 April 1997
IRAN
Iran Reduces May Price Formula By 10 Cents/B
Iran's NIOC has reduced the price formulas for both its Iranian Light andIranian Heavy crudes by 10 cents/B for May. Iranian Light will sell atOman MPM minus 17 cents/B and Iranian Heavy at Dubai minus 23 cents/B.Iran's pricing formulas for Japanese and other Far Eastern customers are set ona quarterly basis, subject to monthly reopening in response to price changes inSaudi Arabia's Arab Light and Medium grades.
These...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!