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 Latest Prices & Price Formula :
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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)   
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Iranian Heavy
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                    Selected News:   
News3

Seoul-Tehran Eye Pipeline Cooperation

2016/05/02

TEHRAN, May 02(Shana) – KOGAS has agreed to engineer and launch Iran’s 9th and 11th cross-country pipeline project, based on a Memorandum of Understanding (MoU) it signed with National Iranian Gas Company on Sunday, a senior NIGC official said.

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News2

Iran, S. Korea to Ink 1st EPC+F Deal in Post-Sanctions Era  

2016/05/02

TEHRAN, May 02 (Shana) –- Entekhab Investment Development Group from Iran will sign an engineering, procurement and construction plus financing deal with South Korea's PIELDS Engineering Co. Ltd Company in Tehran on Monday.

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News3

Iran Poised to Boost Petchem Exports

2016/05/02

TEHRAN, May 02,(Shana) – Iran aims to revive its share of chemical products imported in to the Europe by using Austria as a hub, Managing Director of Petrochemical Commercial Company Mehdi Sharifi Niknafs said on Monday.

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