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Iran cuts October light crude price to Asia

Friday, 04 October 2024 | 00:00

Iran has set the official selling price (OSP) for its light crude oil grade for Asian buyers at $1.70 a barrel above the Oman/Dubai average for October, state-owned National Iranian Oil Company (NIOC) said.

The October price was lower than a $2.35 premium in the previous month.
Source: Reuters (Reporting by Ashitha Shivaprasad in Bengaluru)

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