Iran to offer 3m barrels of crude oil in stock market

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Xinhua, Tehran :
Iran will offer three million barrels of crude oil to the private sector in the stock market for exports, Iranian Petroleum Minister, Bijan Namdar Zanganeh, said here on Wednesday.
“Required license for the sales of three million barrels of crude oil in the stock market has been received from the Iranian authorities,” Zanganeh was quoted as saying by official IRNA news agency.
An announcement will be released in this regard soon, he said, adding that the customers for the crude in the stock market can file their requests either in the Iranian currency rial or in the foreign currencies.
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