Crude-oil prices finished higher Monday on the back of a pair of factors that threaten to disrupt near-term supplies - bullish factors for futures. West Texas Intermediate crude oil for September delivery trading on the New York Mercantile Exchange CLU8, +0.09% rose 52 cents, or 0.8%, at $69.01 a barrel.Reports on Friday indicated that Saudi crude production dropped to around 10.3 million barrels a day in July, down from 10.49 million barrels a day in June, according to OPEC representatives, while President Donald Trump's administration has made good Monday on its vow to reimpose sanctions on Iran, which could cut 1 million barrels a day in global exports from Tehran.
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