VOL. XXXVII
NO. 46
15 AUGUST 1994
Iran
NIOC Raises September Prices For Heavy, Adjusts Downward For Light
Iran's NIOC has raised its Far East contract price formulas for Septemberliftings of its Iran Heavy grade by 20 cents/B from its original third quarterformula, while lowering that for Iran Light by some 10 cents/B. This is in linewith September crude prices changes for Saudi Arabia's competing Arab Medium andArab Light grades (MEES, 8 August). Iran's pricing formulas for Japanese/FarEast...
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