Oil futures ended up on Friday as markets reacted positively to the announcement of additional sanctions that the U.S. Department of the Treasury imposed on Iranian oil trade, which is expected to affect global supplies and put upward...

Oil futures rose Friday morning following new sanctions the U.S. Department of Treasury imposed on Iranian oil trade, amid some optimism about the outcome of the trade tariff war between the U.S. and China.

Oil crude futures closed mixed on Thursday after the U.S. Department of Treasury imposed new sanctions on Iranian oil trade.

Oil futures recovered Thursday morning from losses recorded in the last two trading sessions when both crude benchmarks hit their lowest level of the year due to concerns about the impact of trade tariffs on global oil demand and supply.

Oil futures fell Wednesday following data from the American Petroleum Institute and Energy Information Administration, which showed a build in crude and gasoline inventories and a draw in distillates stocks.

?Crude oil and gasoline futures contract prices dropped Wednesday following reports from the Energy Information Administration and the American Petroleum Institute of a build in U.S. crude and gasoline inventories for the week ended Jan. 31.

Oil futures edged down Wednesday following American Petroleum Institute data showing a build in crude and gasoline inventories, while distillates stocks dropped last week.