July 10, 2014 / 12:35 AM / in 3 years

Iran cuts Aug Light crude OSP for Asia by 20 cents -traders

(For a list of OSPs, click, for Iranian OSPs click
 )
    TOKYO, July 10 (Reuters) - Iran has set the official selling
price (OSP) of its Light crude oil loading in August to Asian
buyers at $2.30 a barrel above the average of Oman/Dubai quotes,
traders said on Thursday, down 20 cents from the month before.
    The table below shows August crude prices to Asia as
differentials to the Oman/Dubai average.
    Prices for Soroush and Norouz are quoted as differentials to
Iranian Heavy. All prices are in U.S. dollars.
    
     Grade                  August          July
     IRANIAN LIGHT           +2.30          +2.50
     IRANIAN HEAVY           -0.02          +0.28
     FOROZAN                 +0.15          +0.45
     SOROUSH              IH -6.50       IH -6.20
     NOROUZ               IH -6.50       IH -6.20

 (Reporting by James Topham; Editing by Paul Tait)

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