NIOC Raises Oil Prices for June Loading
NIOC Raises Oil Prices for June Loading

NIOC Raises Oil Prices for June Loading

NIOC Raises Oil Prices for June Loading

State-owned National Iranian Oil Company raised the official selling prices for all its crude oil grades loading in June from Kharg Island and bound for Asia, a company source said Wednesday. The June official selling prices for Iranian Light crude was raised by 70 cents per barrel to a premium of $2 per barrel to the average of Platts Oman/Dubai crude assessments in June, Platts reported. Iranian Heavy and Forozan OSPs were raised by 85 cents per barrel to a discount of 65 cents/b and 36 cents/b, respectively, for June.  NIOC also raised the June OSP for Asia-bound Soroosh by 55 cents/b to a discount of $5.30/b against Oman/Dubai in June.  Iran’s crude exporters had a banner April, with shipments soaring to a record right before the possible reimposition of US sanctions on their oil sales. Crude exports by OPEC’s third-biggest producer totaled 2.61 million barrels a day, according to the Iranian Oil Ministry’s Shana news service.


Short URL : https://goo.gl/8euuSx
  1. https://goo.gl/3LMier
  • https://goo.gl/168zLZ
  • https://goo.gl/kUZpbq
  • https://goo.gl/auBYnn
  • https://goo.gl/V1bwY9

You can also read ...

Abadan Refinery Gasoline  Production Capacity at 12 ml/d
In line with efforts to boost the country's oil refining...
Russia Launches First Floating Nuclear Plant
To meet its growing electricity needs while developing oil...
Germany Brushes Aside US Objection to Nord Stream 2
Germany brushed aside American concerns about a major natural...
New Anti-Pollution Shipping Rules to Raise Oil Prices
International efforts to reduce air pollution has lifted the...
US Petroleum Demand High
The American Petroleum Institute reported that the first four...
Iran's downstream market has a vast potential for attracting foreign companies.
US President Donald Trump’s decision to quit Iran's...
Annual Peak Power Demand  to Increase
The total peak electricity demand hours are predicted to reach...

Add new comment

Read our comment policy before posting your viewpoints