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News number: 8710201061

21:19 | 2009-01-09

Economy

نسخه چاپي ارسال به دوستان

Iran Raises Feb Crude Prices to Europe, Asia

TEHRAN (FNA)- Iran raised all official selling prices (OSPs) for February crude, a source with National Iranian Oil Co (NIOC) said on Friday.



Iran increased prices to Asia by between 40 cents and $1.20 a barrel, as had been expected after Saudi Arabia raised the OSP for its rival crudes.

Iran also raised prices for its crude heading to Northwest Europe by up to $1.00 a barrel, and to the Mediterranean by up to $1.30 a barrel for its cheapest grades, Soroush and Norouz.