INSUBCONTINENT EXCLUSIVE:
TEHRAN - National Iranian Oil Company (NIOC) has increased its crude oil selling prices (OSP) for Asian buyers in August amid a global surge
increase affected four grades of Iranian oil namely Light, Heavy, Soroush and Forouzan.The NIOC had set the August OSP of Iranian Light
grade for Asia at $8.9 a barrel above the Oman/Dubai average, up $2.80 from the previous month.The prices for Iranian Heavy, Forouzan, and
Soroush grades are also set to be $5.6, $5.65, and $1.45 above the Oman/Dubai average, respectively.Iran has been shipping its oil into the
global markets successfully despite the U.S
taking effective measures in onshore and offshore oil fields, drilling new wells, repairing wells, rebuilding and modernizing facilities,
and oil collection centers, the current oil production capacity has reached before the sanctions, and we have no problem in performance and
