SINGAPORE- * Iran has set the official selling price (OSP) of its Iranian Light grade for its Asian buyers at $1.10 above the Oman/Dubai average for November, down 35 cents from the previous month, an industry source with direct knowledge of the matter said on Wednesday.

(Reporting by Florence Tan, Editing by Louise Heavens) ((Florence.Tan@thomsonreuters.com; Reuters Messaging: florence.tan.thomsonreuters.com@reuters.net))