SINGAPORE (Dispatches) -- Iran has set the official selling price (OSP) of its Iranian Light grade for its Asian buyers at $4.70 a barrel above the Oman/Dubai average for April, up $2.05 from the previous month, an industry source with direct knowledge of the matter said on Wednesday.
Iran has priced its light, heavy, Forouzan, and Soroush crude grades below the Brent prices in northwestern Europe, West Asia, and South Africa.