No price cuts on Iranian oil
Azerbaijan, Baku, Nov.29 / Trend F.Milad/
The National Iranian Oil Company痴 managing director has announced that buyers expect lower prices for oil bourse and cuts of $7-8.
"However, we will never cut prices," he said.
Ahmad Qalebani referred to the fact that offering oil on the bourse was not successful in the first phase as no buyer was found for the product, adding that the next phase of offering oil on the bourse will be conducted in the near future, the ISNA news agency reported.