Oil prices fell slightly on Friday but were still set for a third straight weekly gain after easing US-China trade tensions lifted business confidence and the outlook for global economic growth.
Brent was down 7 cents at $66.47 a barrel, equivalent to a weekly rise of around 2%, Reuters reported...
Selling one million barrels of oil a day as forecast in the March 2019-20 budget bill is wishful thinking in the absence of robust diplomatic relations with neighbors and the world, a member of the Majlis Energy Commission said.
“There is a direct link between crude oil sales and the quality of...