No. 32



Clarification On Iran's Domestic Product Price Increases

The price of fuel oil in Iran was increased from IR10/liter to IR15/liter by the Ministry of Oil during the latest round of petroleum product price rises which took effect at the end of March. In its 8 April issue, MEES reported that fuel oil had been marked up from IR20/liter to IR30/liter, but that should in fact have been listed as the increase for gas oil. The following table gives the correct...