26-09-2017 18:35 via uk.finance.yahoo.com

Oil prices fall from 26-month high on profit-taking

By Julia SimonNEW YORK (Reuters) - Brent oil prices fell 1 percent on Tuesday after investors took profit following a rally to 26-month highs spurred largely by threats from Turkey to cut crude exports from Iraq’s Kurdistan region.Turkish President Tayyip Erdogan repeated a threat to cut off the pipeline that carries 500,000-600,000 barrels per day (bpd) of crude from northern Iraq to the Turkish port of Ceyhan, intensifying pressure on the Kurdish autonomous region over its independence r
Read more »