SINGAPORE- Iran has set the July official selling price (OSP) of its Iranian Light crude oil grade for Asian buyers at $1.60 cents above the Oman/Dubai average, up 10 cents from the previous month, a source with knowledge of the matter said on Thursday.

The producer set the July Iranian Heavy crude OSP at 50 cents above the Oman/Dubai average, unchanged from the previous month, the source said.

(Reporting By Shu Zhang; editing by David Evans) ((shu.zhang@thomsonreuters.com; +65-6870-3549; Reuters Messaging: Twitter @shuzhang4))