Thursday, February 21, 2008

First phase of Iran oil bourse inaugurated on Kish island


The first phase of Iran's oil stock market started its work on Kish island in the Persian Gulf, southern Iran, on Sunday presenting oil and petrochemical products.
Based on the approval, products of Iran's Oil Ministry should be traded through stock market in two forms which are the crude oil stock market and the oil and petrochemical products stock market.
GRADE ME
Oil is a major resource in Iran and this expansion could help the economy. This new project will help the stock market and the oil industry.

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