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 Latest Prices & Price Formula :
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NIOC Posted Bunker Price

Monthly Iranian Crude Oil Prices

Jun 2016  

US$/Barrel

Region Light Heavy
North West Europe 44.86 42.83
Mediterranean 45.04 43.04
SidiKerir 46.59 44.59
SouthAfrica 45.39 43.39
Asia 46.90 44.80
Weighted Average 46.20 44.21

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

Zanganeh Hopes for Resumption of Oil Sales to Sri Lanka

2016/07/27

TEHRAN, July 24 (SHANA) – Minister of Petroleum Bijan Zanganeh on Sunday hoped that Iran’s oil sales to Sri Lanka will resume as it used to export 40,000 bpd oil to the country prior to sanctions.

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News2

Iran to Triple Gas-for-Power Barter with Armenia by 2018 

2016/07/27

TEHRAN, July 26 (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh said Iran will be exporting 3mcm/d of natural gas to neighboring Armenia by 2018 from the current 1mcm/d.

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News3

Petroleum Ministry Follows Climatic, Environmental Changes

2016/07/27

TEHRAN, July 27 (Shana) – The climatic and environmental conditions undergo fundamental changes in different fields in light of measures of Ministry of Petroleum.

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