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Iran sells all oil held in floating storage tanks: official

  1. Economy
August 14, 2008 - 0:0

Iran sold all the crude it held in floating storage tanks, Shana reported, citing Ali Asghar Arshi, manager for international affairs at the National Iranian Oil Co.

Arshi said oil stockpiles built up as refineries underwent seasonal maintenance work and were sold at a higher price as crude rose in recent months, the state-run news agency reported.
(Source: Bloomberg)

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