CNBC | Here's what drives the price of oil CNBC President Donald Trump recently made headlines for pulling out of the Iran nuclear deal. Speculation about what would happen to the oil market ensued. And one of the big things people wanted to know is if it will impact what they pay at the pump. Oil price pushed to 3-year high on political unrest, supply issues Oil Drops as Traders Assess Surprise Stockpile Build in the US OPEC Lifts Oil Demand Forecast Amid Rising Prices |