Stock market value reaches $285.7b

TEHRAN- The value of stock market in Iran reached 12.282 quadrillion rials (about $285.714 billion) at the end of the third Iranian calendar month of Khordad (June 21), Securities and Exchange Organization (SEO) published on its website SENA on Sunday.

IRENEX to hold 13th round of offering light crude oil on Tuesday

TEHRAN- National Iranian Oil Company (NIOC) will offer two million barrels of light crude oil at Iran Energy Exchange (IRENEX) on Tuesday, IRNA reported.

NIOC to offer 2m barrels of condensate at IRENEX in 8th round

TEHRAN- National Iranian Oil Company (NIOC) will offer two million barrels of gas condensate at Iran Energy Exchange (IRENEX) on Tuesday, Shana reported.

‘Iran determined to continue offering oil at IRENEX’

TEHRAN - National Iranian Oil Company (NIOC)’s representative in Iran Energy Exchange (IRENEX) said NIOC will continue offering oil at IRENEX, Mehr news agency reported.

‘Foreign buyers eager to purchase Iranian oil offered at IRENEX’

TEHRAN – National Iranian Oil Company (NIOC)’s representative in Iran energy Exchange (IRENEX) said foreign buyers have expressed willingness for purchasing Iranian oil offered at this exchange market, IRNA reported on Sunday.

IRENEX to hold 4th round of heavy crude oil offering on Tuesday

TEHRAN- National Iranian Oil Company (NIOC) will offer two million barrels of heavy crude oil at Iran Energy Exchange (IRENEX) on Tuesday, Shana reported.

IRENEX to hold offering of 2m barrels of light crude oil on Tuesday

TEHRAN- National Iranian Oil Company (NIOC) will offer two million barrels of light crude oil at the base price of $59.28 at the international ring of Iran Energy Exchange (IRENEX) on Tuesday, IRNA reported.

IRENEX to hold offering of 2m barrels of gas condensate on Tuesday

TEHRAN- National Iranian Oil Company (NIOC) will offer two million barrels of gas condensate at Iran Energy Exchange (IRENEX) on Tuesday, Shana reported.

IRENEX to hold 3rd round of heavy crude oil offering on Tuesday

TEHRAN- National Iranian Oil Company (NIOC) will offer two million barrels of heavy crude oil at Iran Energy Exchange (IRENEX) on Tuesday, Shana reported.

BY: Haniyeh Sadat Jafariyeh

Road from oil-reliant economy to oil free one

The U.S.-led sanctions, imposed to squeeze Iran’s oil-reliant economy by restricting oil revenues, has made the need for moving toward a non-oil economy for Iran ever-increasing.

NIOC to offer 2m barrels of light crude oil at IRENEX on Tuesday

TEHRAN- National Iranian Oil Company (NIOC) will offer two million barrels of light crude oil at Iran Energy Exchange (IRENEX) on Tuesday, Shana reported.

NIOC sells 1.085m barrels of oil, condensate in 17 offerings at IRENEX

TEHRAN- National Iranian Oil Company could sell 1.085 million barrels of crude oil, both light and heavy, and also gas condensate through 17 offerings at Iran Energy Exchange (IRENEX) during the past seven months since offering these products kicked off at Iranian stock market, Shana reported.

IRENEX to hold offering of 2m barrels of gas condensate on Monday

TEHRAN- Offering two million barrels of gas condensate produced in Iran’s South Pars gas field will be held at Iran Energy Exchange (IRENEX) on Monday, Shana reported.

NIOC to offer 2m barrels of heavy crude at IRENEX in late May

TEHRAN- National Iranian Oil Company (NIOC) will offer two million barrels of heavy crude oil at the base price of $64.23 at the international ring of Iran Energy Exchange (IRENEX) on May 28, Shana reported.

By Mahmood Khaghani

From Bazaar to Bourse

On 20th May 2019, the Shana news agency reported that NIOC on the instructions of the Ministry of Petroleum will undertake, pursuant to the current Iranian year budget law, a sales programme of six million barrels per month of Iranian Light and Heavy Crude Oil and Iranian gas condensates on the IRENEX exchange platform. These sales will be priced in US dollars against UK Brent/BFOE (BWave) and Dubai US $ price benchmarks. I am unaware of any reason why this programme should be any more successful than the last, but it is possible that potential buyers have been discreetly found who are willing and able to buy this material.

10th round of oil offering at IRENEX ends with no sales

TEHRAN – The 10th round of National Iranian Oil Company (NIOC)’s light crude oil offerings at Iran Energy Exchange (IRENEX) ended on Tuesday with no sales, ILNA reported.

Offering oil at IRENEX to continue: Zanganeh

TEHRAN- Iranian Oil Minister Bijan Namdar Zanganeh said National Iranian Oil Company (NIOC) will continue the process of offering crude oil at Iran Energy Exchange (IRENEX), IRIB reported.

IRENEX to hold 10th round of oil offering based on new guidelines

TEHRAN- National Iranian Oil Company (NIOC) is going to set new guidelines for holding the 10th round of crude oil offering at Iran Energy Exchange (IRENEX), IRNA reported.

Iran offers petrochemicals, naphtha at IRENEX

TEHRAN – Iran has offered a variety of petrochemical products as well as 5,000 tons of light naphtha at the country’s Energy Stock Market (IRENEX), Fars news agency reported.

EGFI to issue bank guarantees for IRENEX oil buyers

TEHRAN - Export Guarantee Fund of Iran (EGFI) is going to issue bank guarantees for the customers who purchase the oil offered at Iran Energy Exchange (IRENEX), Mehr news agency reported on Sunday quoting EGFI managing director.

Iranian new year’s 1st round of condensate offering due this week

TEHRAN - The National Iranian Oil Company (NIOC) is due to launch this year’s first round of gas condensate offering at the international ring of Iran Energy Exchange (IRENEX) on Tuesday.

By Mahnaz Abdi

A year with positive performance for Iranian exchange markets

Based on the already released reports and data, Iran’s exchange markets witnessed fruitful performances and results in the past Iranian calendar year 1397 (ended on March 20, 2019).

IRENEX to hold 8th round of crude oil offering today

TEHRAN- National Iranian Oil Company (NIOC) will offer one million barrels of crude oil at the base price of $63.36 at Iran Energy Exchange (IRENEX) for the eighth time today, ISNA reported.

IRENEX to hold 1st crude oil offering in new Iranian year on April 9

TEHRAN- National Iranian Oil Company (NIOC) will offer one billion barrels of crude oil at the base price of $63.36 at Iran Energy Exchange (IRENEX) for the eighth time on April 9, Mehr news agency reported.

IRENEX to hold next round of offering crude oil on March 11

TEHRAN- The next (seventh) round of offering crude oil will be held at Iran Energy Exchange (IRENEX) on March 11, IRNA reported.

By: Ebrahim Fallahi

Offering oil at IRENEX, challenges and merits

Since the U.S.’s withdrew from Iran’s nuclear pact in May 2018, vowing to drive Iran's oil exports down to zero, the Islamic Republic has been taking various measures to counter U.S. actions and to keep its oil exports levels as high as possible.

Oil to be offered at IRENEX every week: Zanganeh

TEHRAN- National Iranian Oil Company (NIOC) will offer crude oil at Iran Energy Exchange (IRENEX) every week, Iranian Oil Minister Bijan Namdar Zanganeh told Islamic Consultative Assembly News Agency (ICANA).

Condensate to be sold at IRENEX on Feb. 25 for 2nd round

TEHRAN- The second round of offering gas condensate of South Pars gas field will be done at Iran Energy Exchange (IRENEX) on February 25, National Iranian Oil Company (NIOC)’s representative in IRENEX, Amir Hossein Tebyanian, announced on Tuesday.

35,000 barrels of crude oil sold at IRENEX in fifth offering

TEHRAN- National Iranian Oil Company (NIOC) sold 35,000 barrels of light crude oil at Iran Energy Exchange (IRENEX) at the base price of $52.25 per barrel for the fifth time on Monday, IRIB reported.

5th round of offering oil at IRENEX on Feb. 18

TEHRAN- National Iranian Oil Company (NIOC) will offer one million barrels of light crude oil at Iran Energy Exchange (IRENEX) for the fifth time on February 18, Shana reported on Wednesday.