Iran set the January official selling price of Iranian Light crude to Asia at a +3.15$/bbl premium to the Oman-Dubai benchmark down from a premium of +5.35$/bbl last month.

  • Asia pricing vs Oman-Dubai:
    • Iranian Heavy at +$0.75/bbl vs +$1.85/bbl
    • Forozan Blend at +$0.70/bbl vs +$1.95/bbl
    • Soroosh at -$4.80/bbl vs -$2.30/bbl
    • Pars at -$2.95/bbl
  • OSPs differentials to Mediterranean:
    • Iranian Light at -$2.10/bbl vs -$0.70/bbl
    • Iranian Heavy at -$4.75/bbl vs -$4.25/bbl
    • Forozan Blend at -$4.60/bbl vs -$4.35/bbl
  • OSPs differentials to Northwest Europe:
    • Iranian Light at -$2.05/bbl vs -$0.35/bbl
    • Iranian Heavy at -$4.85/bbl vs -$4.40/bbl
    • Forozan Blend at -$4.95/bbl vs -$4.30/bbl

Iran Reduces Iranian Light Crude OSP to Asia for January

Last updated at:Dec-20 09:25By: David Lee
Oil Bullets

Iran set the January official selling price of Iranian Light crude to Asia at a +3.15$/bbl premium to the Oman-Dubai benchmark down from a premium of +5.35$/bbl last month.

  • Asia pricing vs Oman-Dubai:
    • Iranian Heavy at +$0.75/bbl vs +$1.85/bbl
    • Forozan Blend at +$0.70/bbl vs +$1.95/bbl
    • Soroosh at -$4.80/bbl vs -$2.30/bbl
    • Pars at -$2.95/bbl
  • OSPs differentials to Mediterranean:
    • Iranian Light at -$2.10/bbl vs -$0.70/bbl
    • Iranian Heavy at -$4.75/bbl vs -$4.25/bbl
    • Forozan Blend at -$4.60/bbl vs -$4.35/bbl
  • OSPs differentials to Northwest Europe:
    • Iranian Light at -$2.05/bbl vs -$0.35/bbl
    • Iranian Heavy at -$4.85/bbl vs -$4.40/bbl
    • Forozan Blend at -$4.95/bbl vs -$4.30/bbl