Markets

Iran raises February light crude price to Asia

Published January 20, 2025 Updated January 20, 2025 12:45pm
By

Iran has set the official selling price (OSP) for its light crude oil grade for Asian buyers at $1.95 a barrel above the Oman/Dubai average for February, state-owned National Iranian Oil Company (NIOC) said.

Iran lowers January light crude price to Asia

The February price was higher than a $1.35 premium in the previous month.