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 Latest Prices & Price Formula :
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Monthly Iranian Crude Oil Prices

Jan 2017  

US$/Barrel

Region Light Heavy
North West Europe 50.49 48.75
Mediterranean 50.47 48.67
SidiKerir 52.47 50.67
SouthAfrica 51.27 49.57
Asia 53.29 52.15
Weighted Average 51.85 50.93

     
Crude Prices ($/bbl)   
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                    Selected News:   
News3

Iran to start Crude Oil Production from South Pars Oil Layer

2017/03/14

TEHRAN, March 07 (Shana) – Iran says it will start production of 35,000 barrels/day of crude oil from the oil layer of the supergiant South Pars Gas Field.

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News2

Iran Gas Distribution System top in World: Veep 

2017/03/14

TEHRAN, March 10 (Shana) -- First Vice-President Eshaq Jahangiri says that the natural gas distribution network in Iran is one of the world’s most formidable ones.

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News3

Gas Recovery from South Pars Doubles under President Rouhani: Min.

2017/03/14

TEHRAN, March 10 (Shana) -- Iran has more than doubled natural gas recovery from the supergiant South Pars gas field under President Rouhani’s administration, Iranian Minister of Petroleum Bijan Zangeneh says.

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