Markets

Iran lowers July light crude oil price to Asia

Published June 24, 2024 Updated June 24, 2024 11:40am
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Iran has set the official selling price (OSP) for its light crude oil grade for Asian buyers at $2.60 a barrel above the Oman/Dubai average for July, state-owned National Iranian Oil Company (NIOC) said on Monday.

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The July price is down $0.50 from the previous month.