For Northwest Europe and South Africa, Iranian light crude and heavy crude will be sold respectively $2.70 and $4.50 per barrel below the global benchmark Brent in January.
Similarly, Iran’s Forouzan crude will also be priced at a $4.70 below Brent for these markets.
In the Mediterranean market, Iranian Light, Heavy, and Forouzan crude grades will trade at $2.60, $4.70, and $4.60 per barrel below Brent, respectively.
IRNA