TEHRAN Oct. 19 (Shana) President of the World Petroleum Council Jozsef Toth said leading oil companies need to make their businesses more robust and focus on developing sustainable cost transparency and optimization capability. It is not a fight between suppliers and contactors, but a common challenge that has to be solved together, he told participants ...

[caption id="attachment_150885" align="alignright" width="218"] Iran earned more than $2.3 billion from sales of oil products in the 10 months to January.[/caption] (Reuters) - Oil prices fell on Monday as spare oil storage capacity runs low and a potential agreement in nuclear talks with Tehran opened the prospect of more Iranian exports, should ...