VOL. XXXVII
NO. 21
21 FEBRUARY 1994
Iran
NIOC Raises March Price Formulas In Line With Saudi Arabia
Iran's NIOC has raised its contract price formulas for March crude liftingsby Far East customers by 10 cents/B for Iranian Light and 35 cents/B for IranianHeavy. This is in line with the increases in March crude price formulas forArabian Light and Medium crudes announced earlier this month by Saudi Arabia(MEES, 7 February).
The March formulas for Iranian crude deliveries to the Far East are: Iranian...
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