Iran General NewsIran raises Jan Light crude prices to Asia

Iran raises Jan Light crude prices to Asia

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Reuters: Iran has raised its official selling prices for January-loading crude to Asia, trading sources said on Friday.

TOKYO, Dec 10 (Reuters) – Iran has raised its official selling prices for January-loading crude to Asia, trading sources said on Friday.

It raised its Iran Light prices to Asia by $1.25 a barrel from December to a $1.82 a barrel premium to Oman/Dubai, the traders said.

The table below shows Iran’s January crude oil prices with December in brackets, according to the sources.

Prices to Asia are differentials to the Oman/Dubai average.

Prices for Soroush and Norouz are against the Iranian Heavy OSP.
            
                    IRAN LIGHT      IRAN HEAVY      FOROZAN
 Asia          +1.82 (+0.57)   -0.50 (-1.53)   -0.42 (-1.45)           

                    SOROUSH         NOROUZ
 Asia          -4.10 (-4.02)   -4.10 (-4.02)

(Reporting by Osamu Tsukimori; Editing by Joseph Radford)

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