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 Latest Prices & Price Formula :
Iranian Crude Oil Official Selling  Price formula         
NIOC Posted Bunker Price

Monthly Iranian Crude Oil Prices

Apr 2016  

US$/Barrel

Region Light Heavy
North West Europe 37.16 35.58
Mediterranean 37.85 36.35
SidiKerir 39.35 37.85
SouthAfrica 38.20 36.65
Asia 38.73 36.63
Weighted Average 38.48 36.18

     
Crude Prices ($/bbl)   
Iranian Light
Iranian Heavy
Weighted Ave.
 
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                    Selected News:   
News3

NITC to Re-start Carrying Oil to Europe Soon

2016/05/24

TEHRAN, May 23 (Shana) – The National Iranian Tanker Company will re-start carrying oil to Europe soon in the near future, Ramin Rajaei an official affiliated to the NITC in Bandarabbas Port said.

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News2

Iran Says NIOC Still Major Partner of Foreign Companies 

2016/05/24

TEHRAN, May 21 (Shana) -- Deputy Iranian Oil Minister for Engineering Mohammad Reza Moghaddam said that formation of exploration and production companies will not undermine National Iranian Oil Company (NIOC) role as major partner of foreign companies.

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News3

Iran Plans to Export Oil from Sea of Oman

2016/05/24

TEHRAN, May 21 (Shana) - First Vice President Eshaq Jahangiri called for export of some parts of Iran’s petroleum abroad through Sea of Oman as an alternative to the Persian Gulf.

Read More ...

 
 
 
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