Recent Posts

OPEC Weekly Prices Dive below $110

TEHRAN (FNA)- The weekly average oil prices of the Organization of Petroleum Exporting Countries (OPEC) dropped to 109.73 US dollars per barrel last week, the Vienna-based cartel said Monday.

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Iran Transformed by Oil Discovery

TEHRAN (FNA)- They call it “Well Number One”. A sign proudly proclaims the spot where the first middle-eastern oil was discovered 100 years ago.

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Iran, IAEA Continue Talks

TEHRAN (FNA)- Iranian officials and the deputy head of the UN atomic watchdog continued their latest round of talks on Iran’s nuclear drive on Tuesday.

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