CNBC | Oil steady as Saudi supply balances Iran sanctions CNBC Oil prices steadied on Friday as U.S. sanctions on Tehran squeezed Iranian crude exports, tightening supply even as other key exporters increased production. Global crude oil benchmark Brent was up 20 cents at $81.92 a barrel by 0820 GMT. The contract ... Oil Rides Longest Weekly Rally Since May With Eyes on $100 Crude Yes, The Saudis Are Comfortable With $80 Oil -- Until They're Not Crude oil futures stable to higher on looming supply concerns |