0.7 mb crude oil traded at IRENEX

SHANA — A total of 700,000 barrels of crude oil was traded at the Iran Energy Exchange (IRENEX) during the Sunday session of the market.

Offered by the National Iranian Oil Company (NIOC), the cargoes were priced at $64.97/b.

Buyers ordered for three cargoes of 245,000, 245,000 and 210,000 barrels during the day.

Offering crude oil started at the weekend on a large scale on IRENEX with 0.7 million barrels of light crude oil. The minimum volume of purchase was 35,000 barrels.