Friday, 14 May , 2021
oil pricing Archives - Iran News Daily
Oil Minister Dismisses FOB Pricing for Refinery Feedstocks Supply 05 Sep 2020

Oil Minister Dismisses FOB Pricing for Refinery Feedstocks Supply

Iran’s Oil Minister Bijan Namdar Zanganeh said the price of feedstocks supplied to refineries across the country would no longer be calculated using the free on board (FOB) system that is widely used in energy trade in the Persian Gulf region.