Business And Markets

Oil Offer on Iran Energy Exchange Next Week

Oil Offer on IRENEX Next Week
Oil Offer on IRENEX Next Week

The National Iranian Oil Company published a notice Wednesday announcing the fifth round of crude oil sale on Iran Energy Exchange to launch on February 18.
As per the notice published on the NIOC website, the selling conditions for this stage will be the same as in the fourth offer. 
One million barrels of light crude oil will be on sale at a base price of $56.81 in cargoes of 35,000 barrels each. Buyers are required to buy at least one cargo.


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