Iran

Iran Views $100 Proper Price for Oil

TEHRAN (FNA)- Pressure for a cut in oil output at next week’s OPEC meeting in Vienna stepped up today when Iran’s OPEC governor said an oil price of $100 per barrel was “appropriate” in current conditions.

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Quake Hits Northeastern Iran

TEHRAN (FNA)- An earthquake measuring 5 on the Richter scale jolted the areas in the vicinity of Iran-Iraq border in Iran’s southwestern province of Ilam on Thursday.

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Oil Prices Slide under $105

TEHRAN (FNA)- Oil prices fell below $105 Friday on concerns over slowing energy demand and a strong US currency, while the market awaited next week’s OPEC meeting on crude output levels, traders said.

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