0.7mb of crude oil traded at IRENEX

TEHRAN, Nov. 11 (MNA) – A total of 700,000 barrels of crude oil was traded at the Iran Energy Exchange (IRENEX) during the Sunday session of the market.

Offered by the National Iranian Oil Company (NIOC), the cargoes were priced at $64.97/b, SHANA reported.

Buyers placed orders for three cargoes of 245,000, 245,000 and 210,000 barrels during the day.

Offering crude oil started at the weekend on a large scale on IRENEX with 0.7 million barrels of light crude oil. The minimum volume of purchase was 35,000 barrels.

The plan for selling export crude oil through energy stock market is carried out with the aim of diversifying crude oil export methods and participation of private sector in this plan.

SHANA/MNA

News Code 139528

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