Brent Oil Falls As Glut Outweighs Mideast Turmoil; US Oil Up

Islamic State vowed revenge, singling out Saudi Arabia, the world's largest oil exporter, for supporting the U.S.-led strikes.

The reported shutdown of a gasoline-making unit at Irving Oil's Saint John refinery in Canada, one of the largest refineries supplying New York Harbor, also prompted a jump in refined product prices. RBOB gasoline futures rose more than one percent to $2.619 a gallon.

(Reporting by Edward McAllister in New York, David Sheppard in London and Seng Li Peng in Singapore; Editing by Dale Hudson, Jane Baird, Andrew Hay, Chizu Nomiyama, Cynthia Osterman and Gunna Dickson)

Copyright 2014 Thomson Reuters.


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