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Iran Lowers Light Crude Price To Asia To $2.60/bbl For June

OIL

The National Iranian Oil Company set the OSP of Iranian Light crude at a $2.60/bbl premium to Oman-Dubai average for June sales to Asia, down from $2.80/bbl for May according to a price list seen by Bloomberg.

  • This is the lowest since April at $2.50/bbl.
  • Other OSPs to Asia for June: (vs Oman-Dubai)
  • Iranian Heavy at +65c/bbl
  • Forozan Blend at +55c/bbl
  • Soroosh at -$2.95/bbl
  • Pars at -95c/bbl

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