Price Formula

 

Iranian Crude Oil Official Selling Price Formula

 [for: March 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 -1.50 -5.10 -2.35 -1.50 +1.60
Iran Heavy -4.00 -7.00 -4.25 -4.00 -1.84
Forozan Blend -3.90 -6.90 -4.15 -3.90 -1.75

Price Index:

Iran Heavy Iran Heavy
Soroosh - -7.20 - - -10.65
Nowrooz - -6.55 - - -10.00
*: Freight adjustment to be applied.

 

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