VOL. XXXVIII

NO. 43

24-JULY-1995

Iran

NIOC Shows Signs Of Marketing Strain, But No Distress Signals Yet

While evidence is mounting that Iran is encountering marketing difficultiesin the wake of the US trade ban against the country, on the price front at leastthe producer has yet to evince much in the way of sales distress. Despite itsflexible supply situation, NIOC's price terms have stayed reasonably steady overthe last several weeks. Last week, for example, NIOC was offering Iranian Lightfor...