Iran Says Oil Trade Will Continue on Energy Bourse

Close to one million barrels of oil have been sold on Iran Energy Exchange so far and plans are underway to continue the offers in the future, the head of international affairs at the National Iranian Oil Company said.
Saeed Khoshroo gave more details and said the second phase of offering crude oil on IRENEX was successfully carried out on Sunday when 700,000 barrels were traded at $64.97 per barrel. This is while 280,000 barrels at $74.85 were sold during the first phase on October 28.