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 Latest Prices & Price Formula :
Iranian Crude Oil Official Selling  Price formula         
NIOC Posted Bunker Price

Monthly Iranian Crude Oil Prices

Oct/ 2017  

US$/Barrel

Region Light Heavy
North West Europe 55.18 53.27
Mediterranean 54.38 52.23
SidiKerir 56.28 54.13
SouthAfrica 55.03 53.13
Asia 56.07 54.58
Weighted Average 55.38 53.56

     
Crude Prices ($/bbl)   
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Iranian Heavy
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                    Selected News:   
News3

Iran South Pars Revenues Hit $191b: Official

2017/04/20

TEHRAN, Apr. 17 (Shana) -- Managing Director of the National Iranian Oil Company (NIOC) Ali Kardor said Iran has so far recovered 1,060 billion cubic meters of natural gas from the supergiant South Pars Gas Field, adding the recovery has fetched Iran over 191 billion dollars in revenue.

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News2

NIOC Seals Oilfield Study MoU with Iranian Firm 

2017/04/20

TEHRAN, Apr. 19 (Shana) -- The National Iranian Oil Company (NIOC) has signed a memorandum of understanding (MoU) with Ghadir Investment Company (GIC) for carrying out studies over oil and gas fields in Iran.

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News3

GIC in Oil Talks with 12 Int'l Firms

2017/04/20

TEHRAN, Apr. 19 (Shana) -- The Managing director of Ghadir Investment Company (GIC) says his company is currently in talks with 12 international companies on cooperation in upstream oil projects.

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