IRANIAN CRUDE OIL FORMULA

Iranian Crude oil Price

to North West Europe

Crude OilPrice IndexLoading portPrice ($/bbl)Data
Iran LightIce BwaveFOB Kharg- 9.90May 2020
Iran HeavyIce BwaveFOB Kharg- 11.30May 2020
Forozan BlendIce BwaveFOB Kharg- 11.15May 2020
SorooshIce BwaveFOB Kharg----May 2020

to Mediterranean

Crude OilPrice IndexLoading portPrice ($/bbl)Data
Iran LightIce BwaveFOB Kharg- 11May 2020
Iran HeavyIce BwaveFOB Kharg- 12.40May 2020
Forozan BlendIce BwaveFOB Kharg- 12.25May 2020
SorooshIce BwaveFOB Kharg- 14.90May 2020

to South Africa

Crude OilPrice IndexLoading portPrice ($/bbl)Data
Iran LightIce BwaveFOB Kharg- 9.90May 2020
Iran HeavyIce BwaveFOB Kharg- 11.30May 2020
Forozan BlendIce BwaveFOB Kharg- 11.15May 2020
SorooshIce BwaveFOB Kharg----May 2020

to Asia

Crude OilPrice IndexLoading portPrice ($/bbl)Data
Iran LightAverage (Oman,Dubai)FOB Kharg- 7.20May 2020
Iran HeavyAverage (Oman,Dubai)FOB Kharg- 7.50May 2020
Forozan BlendAverage (Oman,Dubai)FOB Kharg- 7.35May 2020
SorooshAverage (Oman,Dubai)FOB Kharg- 11.75May 2020