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Oil Offer

  • EghtesadOnline: National Iranian Oil Company found no buyers at its 10th round of crude oil offer on the Iran Energy Exchange, despite the Oil Ministry's efforts to improve the purchasing terms, IRENEX data shows.

  • EghtesadOnline: The seventh crude oil auction on Iran Energy Exchange will kick off on Monday noon in what would be the last attempt by the National Iranian Oil Company to sell crude oil on the stock market in the outgoing fiscal year that ends on Mach 20.

  • EghtesadOnline: As per its earlier announcement, the National Iranian Oil Company on Monday offered one million barrels of light crude oil on the Iran Energy Exchange (IRENEX) but there were no customers.

  • EghtesadOnline: The next round of crude oil offer on Iran Energy Exchange (IRENEX) will be made by the National Iranian Oil Company on March 4. Offer conditions are the same as the previous round with regard to volume and purchasing terms.

  • EghtesadOnline: Lawmakers on Sunday approved an amendment to next year's (March 2019-20) budget bill obliging the Oil Ministry to offer on a monthly basis 2 million barrels of light crude on the Iran Energy Exchange.