Price Formula

 

Iranian Crude Oil Official Selling Price Formula

 [for: February 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 -2.95 -5.95 -2.75 -2.95 +1.90
Iran Heavy -4.95 -7.85 -4.65 -4.95 -1.84
Forozan Blend -4.85 -7.75 -4.55 -4.85 -1.75

Price Index:

Iran Heavy Iran Heavy
Soroosh - -7.50 - - -10.45
Nowrooz - -7.05 - - -10.00
*: Freight adjustment to be applied.

 

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