May 26, 2021 - The country's main export grade Iran Light, which is a medium sour grade with 33.6 API gravity and 1.46% sulfur content, according to the crude assay published by the state-owned National Iranian Oil Company (NIOC).

February 21, 2023 - Iran has set the official selling price (OSP) of its Iranian Light crude oil grade for Asian buyers at $2 a barrel above the Oman/Dubai average for March, 20 cents higher from the previous month, an industry source with knowledge of the matter said on Wednesday.

Fox Petroleum supply Crude Oil from Iran. We have a long term contracts in Iran.

September 14, 2024 - Although crude oil assays evaluate ... (measured as API specific gravity) and its sulphur content (measured per mass). Crude oil is considered "heavy" if it has long hydrocarbon chains, or "light" if it has short hydrocarbon chains: an API gravity of 34 or higher is "light", between ...

July 17, 2023 - Iran has set the official selling price (OSP) of its Iranian Light crude oil grade for Asian buyers at $3.15 a barrel above the Oman/Dubai average for August, an industry source with knowledge of the matter said on Monday.

August 23, 2018 - Buyers seeking an alternative cannot simply opt for any crude on the market. “As oil sanctions against Iran take effect, perhaps in combination with production problems elsewhere, maintaining global supply might be very challenging and would come at the expense of maintaining an adequate spare capacity cushion," the International Energy Agency warned recently. "Thus, the market outlook could be far less calm at that point than it is today," the Paris-based IEA said. A senior Iranian ...

January 13, 2020 - * Iran has set the official selling price (OSP) of its Iranian Light grade for its Asian buyers in February at a premium of $3.35 a barrel above the Oman/Dubai average, up 10 cents from the previous month, an industry source said on Monday * The table below shows February Iranian crude prices ...

By 2013, Iran's crude oil and condensate exports dropped to just below 1.3 million b/d, with the main importers being China, India, Japan, South Korea, Turkey, UAE, and Syria. Iran's exports grew by almost 150,000 b/d in 2014, reflecting increased imports by China and India. Displacement of Iranian oil. Iranian light ...

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May 22, 2023 - Iran has set the official selling price (OSP) of its Iranian Light crude oil grade for Asian buyers at $2.60 a barrel above the Oman/Dubai average for June, an industry source with knowledge of the matter said on Monday. The June price is down 20 cents from the previous month.

Iran Light Crude Oil Price Today, Iran - Deliveries to Mediterranean Live & Historical Price Charts USD/Barrel

August 25, 2023 - Iran ramped up crude exports in 2023, with May's outflow hitting a 4-1/2 year high of 1.54 million barrels per day, according to shiptracking data from Kpler. Exports climbed to around 1.6 million bpd in August, or just below 2 million bpd if condensate is included, according an Iranian source familiar with the matter. The abundant supply has widened discounts for Iranian Light ...

Price of Iran light crude oil for Asian destination based on Oman-Dubai price Plus/Minus as quoted above for each BBL and with delivery term of FOB Iran ports Price formulation by NIOC: If quotation is made by discounts on indexes , Having your destination and kind of crude oil please find Price index and premium or discount applied by NIOC. Iranian ...

March 10, 2021 - Oct 3 (Reuters) -Iran has set the official selling price (OSP) for its light crude oil grade for Asian buyers at $1.70 a barrel above the Oman/Dubai average for October, state-owned National Iranian Oil Company (NIOC) said.

May 31, 2023 - Saudi Aramco set the June Arab Extra Light OSP lower than Arab Light, a rare move last seen in June 2021. 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 ...

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August 10, 2018 - The National Iranian Oil Company has set the September official selling price (OSP) for Iranian Light crude to Asia at $1.20 a barrel above the average of Oman and Dubai quotes, 80 cents lower than the previous month, a source with knowledge of the matter said on Friday.

October 17, 2023 - Author: Asadullah Gholampour Light crude oil with low specific gravity is much more important than heavy oil. Typically, light crude oil is richer in

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.

April 10, 2019 - Refiners are having to draw up ... levels Iranian exports are about 1 million barrels per day (bpd) below potential and those from Venezuela are down about 500,000 bpd. Add in output restrictions by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, and the market looks increasingly short of heavier grades in Asia. Surging U.S. shale oil production doesn’t help, as this type of crude is light and sweet, ...