Asia to Pay Less for Iran Oil in Break From Link to Saudi Prices
Iran offers bigger discounts on heavier grades for March sales/ Nation plans to introduce new heavy grade as early as March/ Iran is selling its Heavy crude grade for March to buyers in at a deeper discount to Saudi Arabia’s prices for the first time in a decade as it seeks to wrangle market share after international sanctions ended. National Iranian Oil Co. will offer supplies to Asia at $2.60 a barrel below the average of Oman and Dubai grades for March, according to a company official who asked not to be identified because of internal ...
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