CNBC | Oil up as US drilling growth stalls, Iranian sanctions bite CNBC Oil prices rose on Monday as growth of U.S. drilling braked and investors anticipated lower supply once new U.S. sanctions against Iran's crude exports kick in from November. "The low rig count set the stage for us to move higher," said Phil Flynn, an ... Oil Rises as Supply Crunch Fears Counter Trade Tariff Threats Crude oil futures higher on lower US rig count, Iran tension Oil up as U.S. drilling stalls, Iranian sanctions bite | Reuters |