Iran Crude Oil Price Today USD/Barrel. Live & Historical crude price charts and data

April 4, 2019 - South Korea has begun testing super-light U.S. oil sold by Anadarko Petroleum Corp as a substitute for Iranian crude while it awaits word from Washington on whether it can keep buying oil from the Middle Eastern nation, sources said.

September 5, 2018 - Saudi Aramco has raised the European price for its Arab Light crude grade for October, the state oil producer said on Wednesday, as Russian Urals prices rally and European refiners seek to replace Iranian oil supplies ahead of the November U.S. sanctions deadline.

2 weeks ago - In 2007, energy generation capacity of Iranian thermal power plants reached 173 terawatt hours, accounting for 17.9 percent of energy production in the Middle East and African region. In 2007, Natural gas was the main energy source in Iran, comprising over 55 percent of energy needs, with oil ...

January 4, 2023 - Saudi crude OSPs are usually released around the fifth of each month, and set the trend for Iranian, Kuwaiti and Iraqi prices, affecting about 9 million barrels per day (bpd) of crude bound for Asia.

Making Iranian Data Publicly Available

The rising European demand and a bigger proportion of heavy versus light crude production in Iran may also be limiting the supply of some grades to Asia. “With Europe coming back, and requirements also rising from Korea, Japan and India, we won’t have (many) extra barrels,” said an Iranian ...

April 4, 2024 - Oil prices have rallied this year, booking three consecutive months of gains, with U.S. crude adding 21% while Brent is up about 18%.

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 ...

April 15, 2019 - The Iran Energy Exchange is offering another million barrels of light crude. (Bloomberg) -- An Iranian exchange has offered investors as much as 6 million barrels of oil so far this year.

March 21, 2018 - Iran has sharply reduced its gasoline imports in recent weeks after starting up a new refinery, trade sources said, bringing the oil-rich country closer to its goal of fuel self-sufficiency.

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.

Over the last few weeks, various reports have emerged on Iran’s increased crude oil sales. The most recent report by monitoring service TankerTrackers indicates that Aug. 2023 saw the highest volume of Iranian exports since 2018, when the Donald Trump administration unilaterally left the ...