CNBC | US crude takes aim at $70 a barrel as oil stockpiles fall, gasoline demand hits record CNBC The market's attention is also shifting to a deadline that President Donald Trump faces in just over three weeks to extend sanctions relief for Iran, OPEC's third biggest oil producer. Trump says he will not waive the sanctions unless he can reach a ... Oil hovers at 3 ½-year high, with producers expected to 'boast' output-cut compliance Oil climbs on Saudi price ambitions and US stocks draw Oil's return to $74 a barrel lifts energy stocks |