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Iran Lowers Iranian Light OSP to Asia by 1.35$/bbl in Feb

OIL

Iran set the February official selling price of Iranian Light crude to Asia at a +1.8$/bbl premium to the Oman-Dubai benchmark down 1.35$/bbl from a premium of +3.15$/bbl last month.

  • Asia pricing vs Oman-Dubai:
    • Iranian Light at +$1.80/bbl vs +$3.15/bbl
    • Iranian Heavy at -$0.25/bbl vs +$0.75/bbl
    • Forozan Blend at -$0.25/bbl vs +$0.70/bbl
    • Soroosh at -$5.70/bbl vs -$4.80/bbl
    • Pars at -$3.85/bbl vs -$2.95/bbl

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