A support vessel flying an Iranian national flag sails alongside the oil tanker ‘Devon’ as it prepares to transport crude oil to export markets. (Getty)

September 13, 2021

Iran has set the official selling price (OSP) of its Iranian Light grade for its Asian buyers at $1.45 above the Oman/Dubai average for October, down $1.20 from the previous month, an industry source with direct
knowledge of the matter said on Monday.

The table below shows the October crude prices to Asia, as differentials to the Oman/Dubai average. All prices are in U.S. dollars.

 GRADE           SEPT   AUGUST  CHANGE
 IRANIAN LIGHT    1.45    2.65   -1.20
 IRANIAN HEAVY    0.65    1.55   -0.90
 FOROZAN          0.65    1.60   -0.95
 SOROUSH         -3.20   -2.25   -0.95

Reuters

About Track Persia

Track PersiaTrack Persia is a Platform run by dedicated analysts who spend much of their time researching the Middle East, in due process we fall upon many indications of growing expansionary ambitions on the part of Iran in the MENA region and the wider Islamic world. These ambitions commonly increase tensions and undermine stability.