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Price of crude oil in Iran Energy Exchange revealed

Business Materials 6 November 2018 14:20

Baku, Azerbaijan, Nov. 6

By Elnur Baghishov - Trend:

The price of light crude oil at the next trading at Iran's Energy Exchange will be $71.59, ILNA reported citing National Oil Company.

This figure was previously announced at $76.29.

The next trading of light oil is scheduled for November 11, ILNA reported referring to the Ministry of Petroleum of Iran.

As in the first trading, it is planned to purchase at least 45,000 barrels.

There will be a change in the second trading. So, the purchase can be paid for up to 60 days after the product is loaded. Earlier, this period was 50 days.

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