NO. 36

5 JUNE 1995

Oil/LPG Prices

Iran Increases June Price For Asian Sales Of Iranian Light

Iran's NIOC has increased its Far East contract prices for June liftings ofits Iranian Light grade by 10 cents/B, while leaving that for Iranian Heavyunchanged versus the original second quarter 1995 contract price. This is inline with June price changes for Saudi Arabia's competing Arab Light (MEES, 8May). Iran's pricing formulas for Japanese and other Far East customers are seton a quarterly...