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Monthly Iranian Crude Oil Prices

Aug 2015  


Region Light Heavy
North West Europe * 45.41 43.86
Mediterranean 45.11 43.71
SidiKerir 46.56 45.16
SouthAfrica 45.41 43.86
Asia 47.79 46.34
Weighted Average 47.00 45.67
* Freight adjustment to be applied.
Crude Prices ($/bbl)   
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                    Selected News:   

Iran working with OPEC on $70-80 oil, eyes doubling exports: Minister


TEHRAN Sept. 2 (Shana) – Iranian Petroleum Minister Bijan Zangeneh said on Wednesday that Tehran in cooperation with other members of the Organization of Oil Producing Countries (OPEC) is following up decisions to bring balance back to global oil markets aiming at 70 to 80 dollars per barrel

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New Oil Contracts to Transform Iran Standing  


TEHRAN Sept. 2 (Shana) – Director General of Legal Affairs at the National Iranian Oil Company (NIOC) Ali-Akbar Mahrokhzad said that with a revision in Iran’s petroleum contracts, new conditions in international relations of oil and gas law are expected to emerge.

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Gas Summit in Tehran Significant amid Sliding Oil Prices


TEHRAN, Sept. 2 (Shana) - Latin American states have expressed their readiness to take part in the highest level in the Third Gas Exporting Countries Forum to be held in Tehran as prices are settling at record lows in global oil market, Deputy Minister of Petroleum for International and Commercial Affairs Amir Hossein Zamani Nia said.

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