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  • NEW YORK, July 11- Crude oil futures hit two-month lows on Friday, heading towards a third consecutive week of losses as fears of supply shortages in the Middle East and North Africa receded.

  • Iraqi Kurds take over 2 northern oil fields Friday, 11 Jul 2014 | 8:06 AM ET

    BAGHDAD— Kurdish security forces took over two major oil fields outside the disputed northern city of Kirkuk before dawn Friday and said they would use some of the production for domestic purposes, further widening a split with the central government of Prime Minister Nouri al-Maliki.

  • LONDON, July 11- Global oil demand growth will accelerate next year as the world economy expands and will again be met by rising supplies from the United States and Canada, further eroding OPEC's market share, the West's energy watchdog said on Friday.

  • LONDON, July 11- Oil headed for its third straight weekly loss on Friday as worries about supply losses in the Middle East and North Africa eased, pushing North Sea Brent crude down towards $108 a barrel.

  • SINGAPORE, July 11- Oil prices were heading for their third straight weekly loss on Friday as worries about supply disruptions in the Middle East and North Africa eased, although Brent stayed comfortably above $108 a barrel.

  • SINGAPORE, July 11- Oil prices were heading for their third straight weekly loss on Friday as worries about supply disruptions in the Middle East and North Africa eased, although Brent stayed comfortably above $108 a barrel.

  • SINGAPORE, July 11- Oil prices were heading for their third straight weekly loss on Friday as worries about supply disruptions in the Middle East and North Africa eased, although Brent stayed comfortably above $108 a barrel.

  • *Wall Street lower on Portugal bank worry, losses pared. After surging abruptly in early June, prices fell more than 5 percent over the past three weeks as easing geopolitical tensions in Iraq and Libya soothed worries over oil supplies.

  • ISIS and uranium? Just a scare tactic: Phillips Thursday, 10 Jul 2014 | 3:34 PM ET
    Iraqi Prime Minister Nouri al-Maliki

    Iraq said ISIS seized a stash of uranium. These are scare tactics aimed at getting the U.S. to take action, says former WH adviser David L. Phillips.

  • LONDON, July 10- Oil fell towards $108 a barrel on Thursday, extending its longest losing streak in four years, under pressure from weak gasoline demand in the United States and the prospect of rising supply from Libya. Brent crude was down 26 cents at $108.02 a barrel by 1341 GMT, down for a ninth straight session and matching a similar losing run in May 2010.

  • *Baghdad authorities halt cargo flights to Kurdish capital Arbil. BAGHDAD, July 10- Kurdish ministers said they were boycotting meetings of Iraq's caretaker cabinet and authorities in Baghdad halted cargo flights to two Kurdish cities, in an escalating row between the Shi'ite-led central government and Kurdish leaders.

  • VIENNA, July 10- The U.N. atomic agency said on Thursday it believed nuclear material which Iraq said had fallen into the hands of insurgents was "low grade" and did not pose a significant security risk.

  • *China H1 crude imports rise 10.2 pct on year. LONDON, July 10- Oil fell to around $108 a barrel on Thursday, extending its longest losing streak in four years, pressured by weak gasoline demand in the United States and the prospect of rising supply from Libya.

  • LONDON, July 10- Oil fell to a two-month low under $108 a barrel on Thursday, extending its longest losing streak in four years, pressured by weak gasoline demand in the United States and the prospect of rising supply from Libya. Brent crude fell 31 cents to $107.97 a barrel by 0837 GMT, down for a ninth straight session and matching a similar losing run in May 2010.

  • SINGAPORE, July 10- Brent crude dropped to a one-month low near $108 a barrel on Thursday, extending its longest losing streak in four years, as weak gasoline demand in the United States offset a rise in oil imports by China. Brent crude fell 11 cents to $108.17 a barrel by 0548 GMT, down for a ninth straight session and matching a similar losing run in May 2010.

  • *China H1 crude oil imports rise 10.2 pct on year. SINGAPORE, July 10- Brent crude edged down towards $108 a barrel on Thursday, extending its longest losing streak in fours years, as weak gasoline demand in the United States offset a rise in crude imports in China.

  • Oil on 2-week slide even with Mideast turmoil Wednesday, 9 Jul 2014 | 3:50 PM ET

    In the Middle East, the insurgency in Iraq is far from resolved, but hasn't halted oil exports. Tensions between Israel and Hamas have escalated in the past week, but aren't threatening any major oil production. "We in the U.S are sitting on a ton of crude oil," says energy analyst Stephen Schork of the Schork Group.

  • *Kurds in Turkey seek greater autonomy, not independence. ISTANBUL, July 9- What has long been a dream for the Middle East's Kurds, an independent state, is within reach in Iraq, but Turkey's Kurds, wearied by a 30- year conflict with Ankara, see a brighter future at home, where negotiations could deliver the rights they have fought for.

  • TOKYO, July 9- U.S. crude oil futures edged up towards $104 in early Wednesday trade, rising for the first time in nine sessions after easing fears of supply disruption in Iraq and expectations of rising Libyan exports had put the contract under pressure.

  • NEW YORK, July 8- Brent crude slid more than $1 a barrel on Tuesday, its seventh straight decline, hitting a one-month low below $109 as Libyan oil exports looked likely to rise and fears eased of supply disruption in Iraq. Brent has shed more than 5 percent since last month, when the Iraq crisis drove prices to a nine-month high of $115.71.