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Monthly Iranian Crude Oil Prices

Apr 2015  

US$/Barrel

Region Light Heavy
North West Europe 57.96 56.28
Mediterranean 56.99 55.39
SidiKerir 58.69 57.09
SouthAfrica 57.34 55.64
Asia 57.91 56.34
Weighted Average 57.70 55.45

     
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                    Selected News:   
News3

Iran Scraps Fuel Subsidy, Raises Prices

2015-05-25

TEHRAN May 25(Shana)--The Iranian government has scrapped subsidized gasoline rationing system to unify the petrol and gasoil prices.

“As of Tuesday midnight, each liter of regular gasoline will sell at IRR 10,000 and each liter of premium gasoline at IRR 12,000,” spokesman for National Iranian Oil Products Distribution Company (NIOPDC) said.

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News2

Gas Injection Goes Beyond Plan  

2015-05-25

TEHRAN May 25(Shana)--Gas injection to gas storage facilities rose by more than 41 percent during the first month of the current Iranian calendar year that began March 21 2015, director of dispatching at the National Iranian Gas Company (NIGC) said.

Speaking to Shana, Manouchehr Taheri said that during the first month of the year, Farvardin, gas injection to storage facilities hit 49 million cubic meters, 19 million cubic meters above the planned target for this time of the year.

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News3

NIOPDC Kicks of Gasoline Exports to Afghanistan

2015-05-25

TEHRAN May 25(Shana)--NIOPDC has started gasoil exports to Afghanistan via Dogharoun border point.

Director of NIOPDC’s branch in Khorasan Razavi province made the remarks, adding since the beginning of the current Iranian calendar year on 21st March 2015 nearly 14 million liters of gasoline have been exported via Dougharon crossing border to the neighboring country Afghanistan.

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