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 Latest Prices & Price Formula :
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Monthly Iranian Crude Oil Prices

Dec 2016  

US$/Barrel

Region Light Heavy
North West Europe 49.38 47.44
Mediterranean 49.24 47.44
SidiKerir 51.14 49.34
SouthAfrica 50.24 48.34
Asia 53.06 51.76
Weighted Average 51.43 50.57

     
Crude Prices ($/bbl)   
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                    Selected News:   
News3

NIOC Appoints New Head of Int'l Affairs

2017/01/15

TEHRAN, Jan. 08 (Shana) -- Ali Kardor, the managing director of National Iranian Oil Company (NIOC), has appointed Saeid Khoshrou as NIOC's new director of international affairs, replacing Mohsen Qamsari.

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News2

Iran Oil Minister Thanks OPEC Sec. Gen. for Extending Condolences on Rafsanjani Demise 

2017/01/15

TEHRAN, Jan. 12 (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh thanked Secretary General of the Organization of Petroleum Exporting Countries (OPEC) Mohammad Sanusi Barkindo for kindly extending his condolences on the demise of former Iranian President Akbar Hashemi Rafsanjani.

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News3

JCPOA gave Iran Freedom to Choose: Official

2017/01/15

TEHRAN, Jan. 14 (Shana) -- Deputy Petroleum Minister for International Affairs and Trading Amir Hossein Zamaninia says Iran has built up more national security in the post-JCPOA era, adding the deal gave Iran the freedom to choose from among foreign developers in its oil and gas projects.

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