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 Latest Prices & Price Formula :
Iranian Crude Oil Official Selling  Price formula         
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Monthly Iranian Crude Oil Prices

Jan 2016  

US$/Barrel

Region Light Heavy
North West Europe 26.33 24.59
Mediterranean 27.39 25.99
SidiKerir 28.64 27.24
SouthAfrica 27.64 25.94
Asia 25.88 23.78
Weighted Average 26.16 23.16

     
Crude Prices ($/bbl)   
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Iranian Heavy
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                    Selected News:   
News3

Iran, Venezuela Enjoy Close Stance on Oil Sector: Zangeneh

2016/02/03

TEHRAN, Feb. 3 (Shana) – Petroleum Minister Bijan Zangeneh said that Iran and Venezuela have always held close positions regarding the oil sector.

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News2

Post-Sanctions Iran to Export 160kbpd Oil to France on Feb 16: Zangeneh  

2016/02/06

TEHRAN, Feb. 6 (Shana) – Petroleum Minister Bijan Zangeneh said that the French giant energy firm Total will start importing 160,000 barrels of crude oil per day from Iran on February 16 which will be delivered in European destinations.

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News3

Iran Favors Euro for Oil Payments: Official

2016/02/06

TEHRAN, Feb. 6 (Shana) – Deputy director of International Affairs for Marketing and Crude Oil Operation in the National Iranian Oil Co said that Iran gives the priority to the European single currency euro as payment means of its oil export contracts.

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