Wires

Brent rises towards $113 on Syria-Turkey tensions

* Escalating Turkey-Syria conflict threatens supplies

* IMF cuts global growth forecast, sees soft landing inChina

* Coming up: ECB chief Mario Draghi speaks at 0730 GMT By Ramya Venugopal

SINGAPORE, Oct 9 (Reuters) - Brent crude futures rosetowards $113 a barrel on Tuesday after two days of losses, withsupply fears due to escalating tensions in the Middle Eastprevailing over a sluggish outlook for global demand.

Turkish President Abdullah Gul said on Monday that the worstcase scenarios between his country and Syria are now playingout, fuelling concerns that the 18-month old conflict in Syriamay spread to other countries in the region.

"Right now the market is concerned about the continuingconflict between Syria and Turkey, and the worry is that if itescalates, it may disrupt Brent supplies," said Ker Chung Yang,senior investment analyst at Phillip Futures in Singapore.

Front-month Brent futures had risen 69 cents to$112.51 per barrel by 0301 GMT. U.S. crude gained 79cents to $90.12, also rebounding after two consecutive sessionsof declines.

Tensions between Syria and Turkey increased to their worstsince March after cross-border firing accidentally killed someTurkish civilians last week, causing Istanbul to boost itsmilitary presence along the Syrian border

This could threaten oil production in the north of Iraq andits transport to the West, analysts said.

Turkey's armed forces have been responding in kind togunfire and shelling spilling across from the south, whereSyrian President Bashar al-Assad's forces have been battlingrebels who control swathes of territory.

Concerns over Turkey-Syria have eclipsed Iran's long-runningrow with the West over Tehran's disputed nuclear programme thathas led to sanctions on Iranian oil shipments and dragged itscurrency to a record low.

<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ 24-Hour Brent chart: 24-hour U.S. crude chart: IMF revises growth forecasts: ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> IMF CUTS FORECAST

A poor outlook for the global economy is keeping a lid onoil price gains.

The International Monetary Fund cut its global growthforecast for the second time since April and warned U.S. andEuropean policymakers that failure to fix their economic illswould prolong the slump.

For 2012, the IMF now expects global output to grow just 3.3percent, down from its July estimate of 3.5 percent, making itthe slowest year of growth since 2009.

It predicted only a modest pickup next year to 3.6 percent,below its July estimate of 3.9 percent.

Growth in China's economy, the world's second-biggest, willslow to 7.8 percent this year from 9.2 percent in 2011, the IMFsaid, warning of risks to emerging Asia if the euro zone crisisworsens and the United States does not avoid its "fiscal cliff".

(Editing by Manolo Serapio Jr. and Joseph Radford)

((ramya.venugopal@thomsonreuters.com)(+65 6870 3826)(ReutersMessaging: ramya.venugopal.thomsonreuters.com@reuters.net))

Keywords: MARKETS OIL/