U.S. President Donald Trump expressed frustration on Thursday that oil prices have risen amid supply concerns from potential conflict in the Middle East.

The U.S. is preparing a partial evacuation of its embassy staff in Iraq due to heightened security risks in the region, sources told Reuters.

US oil production is poised to rise this year and next as President Donald Trump pushes for more drilling. But as crude prices tumble, most of the growth will come from a surprising source: the Gulf of Mexico.

Oil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC Secretary General Haitham Al Ghais said on Tuesday.

OPEC+, the cartel of oil producers, agreed over the weekend to crank up production. Instead of falling, Brent crude prices are up about 3% to start the week, at a shade under $65 a barrel. Prices are

Crude oil prices on Thursday rose Rs 57 to Rs 5,788 per barrel in futures trade as participants increased their positions following a firm spot demand. On the Multi Commodity Exchange, crude oil for July delivery traded higher by Rs 57 or 0.

Wall Street stocks mostly fell Wednesday despite positive movement in the US-China trade conflict, while oil prices rallied on growing tensions between Washington and Tehran.