VOL. XXXIX
No. 12
18 December 1995
IRAN
Iran Price Formulas For January
Iran's NIOC has reduced the January price formula for its Iranian Heavy grade crude for liftings to its Far East customers by 10 cents/B, but the January formula for Iranian Light remains unchanged from December. Iranian Heavy was put at Dubai plus 7 cents/B for January, while Iranian Light remains at Oman minus 7 cents/B. Iran's pricing formulas for Japanese and other Far Eastern customers are set on a quarterly...
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