Azerbaijan, Baku, August 16 /Trend/
Iran's oil prices in the oil exchange and market are fair and the fourth crude oil cargo will be placed in the international oil exchange in Kish Island in the next few days, Mehr News Agency reported quoting Iran's Oil Minister Rostam Ghasemi as saying.
Ghasemi refused comments of stock market officials on failure of oil cargo sale in oil exchange as a result of unreasonable high oil prices "The price in oil exchange corresponds with standard oil prices and officials in oil exchange should solve the problem concerning sale of oil," he said.
The National Iranian Oil Company is expected to place the fourth crude oil cargo in oil exchange in the next few days.
The National Iranian Oil Company placed 1 million barrels of crude oil from the Behregan oil field at the price of $105.31 per barrel.
The third crude oil cargo failed to be sold in oil exchange trading because of the disagreement over price.
Managing Director of Tehran Stock Exchange Mahmoud Ghafarri said earlier Iran halts to place gasoline and furnace fuel oil in the international oil exchange in Kish Island since it failed to be sold because of oil ministry's high prices.