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On September 7, 2026, Hong Kong-listed oil stocks fell collectively, with PetroChina down over 2%, after U.S. Treasury Secretary Bessent said oil prices could drop to $40-50 per barrel once the Iran conflict ends.2h agoUganda's President Yoweri Museveni named the country's crude oil grade 'Pearl Sweet' at the Kingfisher oilfield, giving it a commercial identity for pricing and sale ahead of first exports.4d ago