Price Formula

 

Iranian Crude Oil Official Selling Price Formula

 [for: January 2008]

 

Region

North West Europe* Mediterranean

Sidi Kerir

South Africa Asia

Grade

(FOB Kharg) (FOB Kharg) (FOB SidiKerir) (FOB Kharg) (FOB Kharg)

Price Index:

Ice Bwave (Oman+Dubai)/2
Iran Light -2.80 -3.75 -1.90 -2.80 +2.10
Iran Heavy -5.00 -5.95 -4.10 -5.00 -1.94
Forozan Blend -4.90 -5.85 -4.00 -4.90 -1.85

Price Index:

Iran Heavy Iran Heavy
Soroosh - -7.80 - - -10.50
Nowrooz - -8.25 - - -10.95
*: Freight adjustment to be applied.

 

2008 :  Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec