25 Apr 2024
Friday 14 March 2014 - 15:36
Story Code : 89222

Iran cuts April Light crude OSP for Asia by 15 cents -trader

(Reuters) -Iranhas set the official selling price (OSP) of its light crude oil loading in April to Asian buyers at $1.81 a barrel above the average of Oman/Dubai quotes, a trader said on Friday, down 15 cents from the month before.
The table below shows April crude prices to Asia, as differentials to the Oman/Dubai average.

Prices for Soroush and Norouz are quoted as differentials to Iranian Heavy. All prices are in U.S. dollars.

 

Grade APRIL MARCH

IRANIAN LIGHT +1.81 +1.96

IRANIAN HEAVY -0.51 -0.30

FOROZAN N/A -0.08

SOROUSH IH -6.20 IH -6.20

NOROUZ IH -6.20 IH -6.20

By Reuters

 

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