Home / Economy / Foreign buyers to trade Iranian oil on Bourse: Dy Min.

Foreign buyers to trade Iranian oil on Bourse: Dy Min.

Over 100 trade codes have been offered to foreign buyers to allow them to get engaged in trading Iranian crude and oil products in the Energy Bourse, Kardor told the Islamic Republic News Agency (IRNA) on Friday.

The Securities Exchange Organization (SEO) announced on October 16 that the Iranian crude oil was scheduled to be presented in the Energy Bourse as of October 28.

Kardor said the Ministry of Petroleum and the National Iranian Oil Company (NIOC) are fully determined to supply Iranian oil in the Bourse based on schedule.

The base price for Iranian oil will be $ 79.15 per barrel.

Each day, one million barrels of Iranian oil will be offered in the Energy Bourse and all the buyers will hence exchange Iranian oil.

Oil supply in the Energy Bourse will continue until November 4 and the final decision will be announced after re-consideration.
9341**1420

Follow us on Twitter @IrnaEnglish

www.irna.ir

Check Also

Russia’s Astrakhan welcomes Iranian entrepreneurs

In a meeting with Iran's consul general Mahdi Akouchkian on Thursday, Irina Azarova expressed confidence …