Iran launches oil stock exchange
Azerbaijan, Baku, Feb. 15 / Trend, A.Yusifzade /
Iran will launch Oil stock exchange on April 1, 2011, FNA reported quoting the Head of Iranian stock exchange Mohammad Reza Shahidi as saying.
Earlier Iranian President Mahmoud Ahmadinejad gave an order on establishing the oil stock exchange rapidly, MEHR news agency reported.
According to the information, the oil stock exchange will be created on the Iranian Island of Kish. Several meetings have been recently held to discuss the issue between the stock exchange and the country's oil ministry.
Abbas Yaqubi, the secretary of the Oil Exchange Presidium, said that crude oil and oil products were put on sale.