4th Round of Oil Sale on Iran's Energy Exchange Soon

After the third round of crude offer on Iran Energy Exchange ended without any trade last week, a National Iranian Oil Company official announced that the fourth phase would be launched in two weeks. 
Amirhossein Tebianian, the NIOC representative in charge of offering petroleum products on IRENEX, said the details about the fourth round will be announced in a notice on Monday.
After a two-month hiatus, the NIOC announced on Jan. 23 that the third round of crude oil sales would be held in a week after the announcement and set the base price at $52.42 per barrel at the time.