Azerbaijan, Baku, Aug. 15 /Trend/
Iran halts to place gasoline and furnace fuel oil in the international oil exchange at Kish Island, Fars News Agency reported quoting Managing Director of Tehran Stock Exchange Mahmoud Ghafarri as saying.
"Furnace fuel oil was placed three times in the oil exchange and it was sold only once, the National Iranian Oil Company should explain the reason to stop gasoline and furnace fuel oil in oil exchange," he said.
Iran failed to sell the third heavy crude oil cargo at $101.76 per barrel in the international oil exchange at Kish Island.
The National Iranian Oil Company placed 600,000 barrels of crude oil from the Behregan oil field in the oil exchange destined to Eastern Europe and Mediterranean.
The crude oil cargo failed to be sold in oil exchange trading because of disagreement over price.