ID :
207030
Wed, 09/14/2011 - 10:30
Auther :

Iran Hikes OSP

TEHRAN (FNA)- Iran has reportedly increased its official selling prices (OSPs) for October delivery of crude supplies, sources said.
Iran has raised its official selling prices (OSPs) for October-loading crude to its customers, traders said on Monday, giving a bigger increase to the Mediterranean market than to Asia and Northwest Europe.

The National Iranian Oil Company (NIOC) raised its Iranian Light price to the Mediterranean by $2.30 to Brent crude BWAVE benchmark minus $2.10 a barrel for October.

Iran, the second-biggest producer in OPEC, pumped 3.6 million barrels of oil a day in August.








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