Wall Street Journal | Oil Rises on Saudi Output, Iran Sanctions Wall Street Journal Oil prices rose Monday after reports of a decline in Saudi Arabian crude oil production, and as the U.S. government began reimposing sanctions on Iran. Light, sweet crude for September delivery ended 52 cents, or 0.8%, higher at $69.01 a barrel on the ... Oil up after OPEC sources say Saudi crude output fell Oil prices: US sanctions on Iran could push crude above $90 ... Oil books a gain amid Iran sanctions and reports of Saudi output drop |