Oil prices were steady on Wednesday, with market players on the lookout for fuel demand pointers amid Covid-19 concerns after Singapore suspended quarantine-free travel and Australia renewed its vaccination push due to a surge in Omicron variant cases.
Brent crude futures rose 8 cents, or 0.1%,...
Knowledge-based companies will help enhance the production of 700 oil and gas wells in Iran, the oil minister said.
“Using the capabilities of knowledge-based companies, we will be able to increase the annual production capacity to more than 80 million barrels of oil,” Oil Ministry’s news agency...