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Crude ended the session mixed, as traders watched developments in Iraq and awaited U.S. oil inventory data.
SINGAPORE June 24- U.S. crude futures fell under $106 per barrel in Asian trade on Tuesday as supply concerns eased after data showed near record exports from Iraq's southern regions, but U.S. inventories are projected to fall.
*Sunni insurgents capture three towns in Iraq's Anbar. NEW YORK, June 23- Brent crude recorded its largest one-day decline in five weeks on Monday, falling toward $114 a barrel as oil exports from Iraq remained unaffected by Islamic insurgents' continued advance on Baghdad.
As long as the Sunni insurgency remains contained in the northern part of Iraq, pressure on oil prices may start to ease soon, says Jason Feer, COO, Americas at Argus Media.
Dennis Gartman of "The Gartman Letter" says oil traders should keep a close eye on Nigeria.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
Discussing how turmoil in Iraq could impact gas prices, with John Hofmeister, former president Shell Oil Company and founder and CEO of Citizens for Affordable Energy. Hofmeister says he is worried about the U.S. taking this event seriously and doing something to protect Americans from volatility and uncertainty.
Discussing oil's next move amid crisis in Iraq, with Peter Amandio, Chicago Energies President.
*Sunni insurgents capture three towns in Iraq's Anbar. *Iraq's oil exports near record rates in June. NEW YORK, June 23- Brent crude fell toward $114 on Monday, putting it on track for the largest one-day decline in more than five weeks, as concerns waned that a Sunni Islamist insurgency in Iraq would cut the country's oil exports.
CHICAGO, June 23- Despite the incendiary conflict in Iraq that last week sent the benchmark price of Brent crude oil to more than $115 a barrel, a nine-month high, U.S. stock markets largely shrugged off the oil threat, hitting record closing highs last week.
NBC's Ayman Mohyeldin reports Secretary of State John Kerry has arrived in Iraq and has met with Prime Minister Nouri al-Maliki. Mohyeldin says ISIS fighters have taken control of the border between Syria and Iraq.
*Sunni insurgents capture three towns in Iraq's Anbar. *Iraq's oil exports near record rates in June. Although insurgents made further gains at the weekend Iraq's crude exports have not yet been slowed by the conflict.
Secretary of State John Kerry has arrived in Baghdad to meet with top Iraqi officials, reports NBC News' Ayman Mohyeldin. ISIS fighters continued to take territory along the Jordanian, Syrian and Iraqi borders, over the weekend.
CNBC's Jackie DeAngelis provides insight to oil and gas prices, and the status of the Iraqi oil supply.
Wisconsin Energy struck a $5.71 billion deal to buy Integrys Energy, creating a larger, more diverse electric and natural gas company.
We need to do whatever we can for the Kurds up in the north, says Sen. Ron Johnson, (R-Wis.), sharing his thoughts on the political turmoil sweeping Iraq and what the U.S. should do to help.
John Kingston, Platts Global director of news, provides insight on oil production in Iraq as the ongoing crisis prompts some cutbacks in northern production.
*Sunni insurgents capture three towns in Iraq's Anbar. LONDON, June 23- Brent crude held near $115 a barrel on Monday, supported by worries about potential disruptions to supply from Iraq where Sunni insurgents took control of strongholds along the border with Syria at the weekend.
David Phillips, "The Kurdish Spring" author, explains why the U.S. needs a plan on the Iraq crisis and should foster a relationship with Turkey.
CNBC's Michelle Caruso-Cabrera reports Secretary John Kerry is urging Iraqi PM Nouri al-Maliki to form an inclusive government.