Telegraph.co.uk |
UPDATE 2-Brent climbs toward 4, hits 9-month top on Iraq crisis
Reuters … * Oil prices set for weekly gains of almost 5 percent. * Obama warns of U.S. action as jihadists push on Baghdad. * Kurdish forces take advantage of chaos, take control of Kirkuk oil hub (Adds China's factory output, comments, updates prices). By Manash … Oil Futures Surge on Iraq Fears Oil Rallies as Extremist Advance in Iraq Threatens Crude Weak data, Iraq turmoil hurt stocks |