January 8, 2024 - Early last month Iranian sellers told Chinese buyers they were narrowing discounts for December and January deliveries of Iranian Light crude to between $5 and $6 a barrel below dated Brent, five traders who handle the oil or are familiar with the transactions told Reuters.

1 month ago - Earlier in the day, both crude benchmarks were up by over 5%. Alarms sounded across Israel and explosions could be heard in Jerusalem and the Jordan River valley after Israelis piled into bomb shelters. Clay Seigle, an independent political risk strategist, said in an email that Israel "will not hesitate to widen its military offensive to hit Iran directly. And Iran's oil assets are very likely on the target list." An Israeli attack on Iranian ...

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November 18, 2020 - 17 with "test reports" of Basrah Light, Basrah Medium and Basrah Heavy. A senior official representative at SOMO confirmed the new crude specifications with Platts. The new grade, Basrah Medium, will have a specific gravity of around 27.9 API with a sulfur content of 3.00%. This makes it very akin in quality to Saudi Arabia's Arab Medium, which is of 27.8 API and 2.75% sulfur. Crudes such as Iranian ...

February 18, 2017 - Iran has found shale oil reserves of 2 billion barrels of light crude in its western Lorestan province, a senior official at the state-run National Iranian Oil Company (NIOC) was quoted as saying on Saturday.

February 22, 2024 - It is estimated that 400,000-700,001 bbl/d of crude production is lost annually due to declines in the mature oil fields. ... Iran oil reserves at the beginning of 2001 were reported to be about 99 billion barrels; however in 2002 the result of NIOC's study showed huge reserves upgrade adding about 31.7 billion barrels of recoverable reserves to the Iranian ...

June 20, 2023 - Iran has increased Official Selling Prices for its flagship Iranian Light grade, as exports surged to multi-year highs in May...

However, Iranian and non-Iranian students statistically differed in terms of the following aspects of cultural · Polymer-Coated Nanoparticles for Reversible Emulsification and Recovery of Heavy Oil. ... Heavy crude oil has poor solubility and a high density, making recovery and transport much more difficult and expensive than for light ...

January 3, 2024 - Saudi Aramco's OSPs are usually ... for Iranian, Kuwaiti and Iraqi prices, affecting about 9 million bpd of crude bound for Asia. Saudi Aramco officials as a matter of policy do not comment on the monthly OSPs. Below are the expected Saudi Aramco official selling prices for February 2024(in $/bbl against the Oman/Dubai average): January 2024 Change est. Feb OSP Arab Extra Light +3.55 -2.45/-1.25 ...

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December 11, 2018 - SINGAPORE (Reuters) - Iran has ... Iranian Light grade for its Asian buyers at 30 cents above the Platts Oman/Dubai average for January, $1 lower than the previous month, a price document reviewed by Reuters showed on Tuesday. FILE PHOTO: Gas flares from an oil production platform at the Soroush oilfields in the Persian Gulf, south of the Iranian capital Tehran, July 25, 2005. REUTERS/Raheb Homavandi/File Photo · The producer has also cut prices for the other three crude grades it ...

2 weeks ago - The latest satellite imagery shows that 11 of the terminal's 20 crude storage tanks are now complete, amounting to 5.5 million barrels of storage capacity. Iran's oil ministry was not immediately available to comment on the report. According to commodity tracking company Kpler, the Iranian-owned ...

January 18, 2023 - Iran has set the official selling price (OSP) of its Iranian Light crude oil grade for its Asian buyers at $1.80 a barrel above the Oman/Dubai average for February 2023, down $1.35 from the previous month, two industry sources with direct knowledge of the matter said on Wednesday.

January 12, 2018 - Iran's light crude oil extended its rally to its highest level of above $66 a barrel in more than...

July 10, 2014 - The table below shows August crude prices to Asia as differentials to the Oman/Dubai average. Prices for Soroush and Norouz are quoted as differentials to Iranian Heavy. All prices are in U.S. dollars. Grade August July IRANIAN LIGHT +2.30 +2.50 IRANIAN HEAVY -0.02 +0.28 FOROZAN +0.15 +0.45 ...

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June 12, 2024 - Iran Heavy, Iran Light, Soroush, and Forozan Blend are four grades of crude oil produced in Iran. Iran Heavy crude oil is a type of heavy crude oil with a gravity of 38-41 degrees API. It has a sulfur content of 0.7-1.2% and a viscosity of 11-14 centipoises. Iran Heavy is typically priced at a discount to other grades of Iranian ...

Iran Light crude stream is a key Iranian grade and is sourced from several onshore fields in the Khuzestan region

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