2mb of light crude to go on sale on IRENEX on Tuesday

This is the 12th offer of two million barrels of oil on the Energy Exchange since such sales started in November 2018.

2 July 2019

ID : 22085

This is the 12th offer of two million barrels of oil on the Energy Exchange since such sales started in November 2018.

National Iranian Oil Company (NIOC) will offer 2mb of its light crude on Energy Exchange (IRENEX) on Tuesday.

This will be the 12th such offer on the international ring of the Iranian Energy Exchange (IRENEX) since the trend started last November.

Each barrel has been set to be sold at the price of $59.28.

Iran has sold 1,085,000 barrels of crude oil on IRENEX since such sales started seven months ago, according to Iran Energy News.

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