51.   Generating the new pessimism are the approaching Iraqi oil exports and persistence of above-normal temperatures in the U.S., which is dampening demand for heating oil.

52.   He also expects about half the decline to be recovered as the market adjusts to the addition of Iraqi oil.

53.   He also expressed support for the United Nations decision last weekend to call off an Iraqi oil sale.

54.   He needed countries like Russia and France helping him in their eagerness to end the sanctions and start making money from Iraqi oil.

55.   He would like to see prohibitions against Iraqi oil sales removed.

56.   If Baghdad complies, it would be eligible for a four-month suspension of the nine-year-old ban on Iraqi oil exports.

57.   If Iraqi oil sales are allowed after a brief delay, supplies could grow and prices could weaken, he said.

58.   In NEW YORK, crude oil prices also rose, as mounting tensions between Iraq and the United Nations increased the likelihood that Iraqi oil exports will be halted.

59.   In NEW YORK, crude oil futures fell after Hurricane Danny left U.S. Gulf production and import facilities undamaged and as traders awaited the resumption of Iraqi oil sales.

60.   In NEW YORK, crude oil rose as worsening relations between Iraq and the United Nations raised the possibility of a disruption or halt in Iraqi oil exports.