Oil headed for weekly fall, prospect of Iran deal stokes fears of extra supply


SIMGAPORE, Feb 18 (Reuters): Oil prices extended losses on Friday, and were headed for a weekly fall, as the prospect of extra supply from Iran returning to the market eclipsed fears of a possible supply disruption arising from a Russian invasion of Ukraine.

Brent crude futures fell 65 cents, or 0.7%, to $92.32 a barrel at 0725 GMT, extending a 1.9% drop from the previous session.

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Oil , Losses , Price Dipping , Iran , Over Supply

   

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