Financial Tribune - Iran exported 40 tons of saffron during the first three months of the current Iranian year (March 21-June 21) to witness a decline of 15% compared with last years corresponding period. According to Ali Hosseini, a member of Iran's National Saffron Council, the price of Iranian saffron on global market currently stands at 700-...

Financial Tribune - More than 183,000 tons of hydrocarbon products valued at 10 trillion rials ($74.34 million) were traded in the Iran Energy Exchange spot market in the last Persian month to June 20. According to the CEO of IRENEX, Ali Hosseini, more than 119,000 tons of the products were traded in the domestic ring of IRENEX totaling 5.9 trillion ...

Financial Tribune - Having hosted eight crude oil auctions since last year, Iran Energy Exchange is adapting to the possible needs of potential customers with the belated advent of the black stuff to its trading portfolio. Except for one initial enthusiasm for the new commodity in its early offerings, most of the subsequent oil offers have fallen ...

Financial Tribune - The fourth offering of crude oil at Iran Energy Exchange ended with no deals on Monday, marking the second session of no trade after Iran offered oil on its stock market in October. One million barrels of oil was on offer at a base price of $56.24 in cargoes of in cargos of 35,000 barrels. Buyers was required to buy at least ...

IRNA Member of saffron national council said from 430 tons of saffron in the world 400 tons are produced in Iran. Iran exports saffron to 50 countries out of 180 ones in the world, Ali Hosseini said. Hosseini urged government and the private sector to find more markets for Iranian saffron. The Chief executive of Central Organization for Rural ...

SHANA - The managing director of Iran Energy Exchange (IRENEX) said the Iranian Ministry of Petroleum was serious in ensuring success of IRENEX by offering a million barrels of light crude oil on the floor of the exchange. The National Iranian Oil Company (NIOC) will start selling crude oil at IRENEX by weekend (October 28). Observers have cast ...

Financial Tribune - The new measure has been touted by senior officials in Tehran as an effective way to frustrate US ploys to "reduce Iran's oil export to zero Sunday marks the first offering of crude oil for export on Iran Energy Exchange (IRENEX) days before new US sanctions on petroleum sector take effect. The country had made several attempts ...

Press TV- Iran says a plan is on agenda to attract funds from domestic resources to maintain production at the countrys key oil fields. The plan would envisage attracting as much as Rials 300 trillion (around $ 7 billion with each dollar at the official rate of around Rials 42,000) through the Iran Energy Exchange (IRENEX), the media in Tehran ...