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Refining and Distribution Company Tells Refiners Shahrivar Feedstock Prices Follow the Earlier Guideline, as in Tir and Mordad

23 October 2026 | 7 days ago

The director general for budget and market regulation at the National Iranian Oil Refining and Distribution Company notified the Oil Refining Industry Association of the pricing directive for refiners' feedstock and main petroleum products, Mehr reported on Friday 23 October 2026 (1 Aban 1405). Citing the letter of 25 Mehr (17 October 2026) and clause 2 of the cabinet resolution of 15 Mehr (7 October 2026), the notice says the Shahrivar price will be announced on the basis of the earlier guideline, in the same way as for Tir and Mordad.

From the start of Mehr, and until abnormal swings in international feedstock and product prices end, prices are calculated and announced under clause 7 of the 15 Mehr resolution. Mehr's report gives no price figures and does not estimate the effect on the profits of listed refiners.

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