Energy exchange - page 2

EghtesadOnline: After the third round of crude offer on Iran Energy Exchange ended without any trade last week, a National Iranian Oil Company official announced that the fourth phase would be launched in two weeks.

EghtesadOnline: The Supreme Council of Economic Coordination – a special body comprising heads of the three branches of government – has agreed to the total settlement in rials of payments for crude oil sales on the Iran Energy Exchange.

EghtesadOnline: Close to one million barrels of oil have been sold on Iran Energy Exchange so far and plans are underway to continue the offers in the future, the head of international affairs at the National Iranian Oil Company said.

EghtesadOnline: Crude oil trade commenced on the Iran Energy Exchange on Sunday afternoon as investors competed to buy one million barrels of oil offered by the National Iranian Oil Company.

EghtesadOnline: Iran officially started spot oil trading on its energy exchange on Tuesday with the National Iranian Oil Company publishing a notice of offer on Monday, in which it outlined the terms and conditions of the trading mechanism.

EghtesadOnline: Iran Energy Exchange will launch crude oil futures from next week as part of a plan to facilitate oil exports as US sanctions targeting its energy sector in November draw nearer.