Saturday, February 22, 2020   01:37:24
NIOC to Offer 2 mb of Light Crude Oil at IRENEX on Oct. 8

TEHRAN (NIOC) _ The National Iranian Oil Company (NIOC) has planned to sell 2 million barrels of light crude oil on the Iran Energy Exchange (IRENEX) on October 8, at $61.01 per barrel.

According to NIOC, this is the 9th crude oil offering by the company at IRENEX in the Current Iranian calendar year.

Buyers can receive their cargo(es) up to three months after the transaction, and the delivery of the cargo(es) in other areas is subject to approval by the National Iranian Oil Company.


Key Words