31. Oil prices could reverse if a war disrupts Middle East supplies, helping Mexico as well as Venezuela, Colombia and Ecuador. 32. Oil issues were bolstered amid concern renewed clashes between Kurds and Turkish troops in Northern Iraq may disrupt oil supplies from the region. 33. Oil prices have risen this week as the risk increased of a military confrontation, which would disrupt oil supplies. 34. Oil futures dropped amid waning concern that Middle East supplies will be disrupted by recent military tension in the region that accounts for a third of world oil supply. 35. Oil gained amid warnings of a military strike against Iraq, which would disrupt supplies from the oil-rich Persian Gulf. 36. OIL REVERSES AND ENDS LOWER Crude oil prices retreated sharply to end lower on eased concern of a wider conflict in Iraq that could disrupt supplies. 37. Oil futures surged yesterday amid concern that oil supplies could be disrupted following a report that Iraq is massing troops in Kurdish-controlled territory. 38. Oil issues gained on tension in the Middle East, raising concern that world oil supplies will be disrupted. 39. Oil issues tempered declines as crude futures rose after Germany recalled its ambassador to Tehran, prompting concern Middle East supplies may be disrupted. 40. Russian oil companies stand to gain if political upheaval raises world oil prices or disrupts supplies from the Middle East, executives said. |