(MENAFN- ProactiveInvestors)
West Texas Intermediate oil futures eased slightly on Friday ahead of a potential deal between Iran and the West that could lift sanctions on Iran and result in the addition of more oil to the global market.
August crude lost 0.1% to settle at US$59.63 a barrel on the New York Mercantile Exchange.
The contract fell 0.6% for the week but compared with the July contract which expired last Friday prices saw a weekly gain of 2 cents.
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