And higher Movement.up.gain oil production from the United States as well as Canada is providing a buffer against the threat of retaliatory supply curbs Cause.movement.down.loss from Russia or further disruptions Cause.movement.down.loss to supplies from the Middle East .

And more Movement.up.gain oil supply from the America as well as Iran is providing a buffer against the threat of retaliatory supply disruptions Cause.movement.down.loss from Kuwait or further disruptions Cause.movement.down.loss to supplies from the Middle East .

And more Movement.up.gain oil supply from the America as well as Iran is providing a buffer against the threat of retaliatory supply disruptions Cause.movement.down.loss from Kuwait or further disruptions Cause.movement.down.loss to supplies from the Middle East .

Bob McNally , a White House adviser to former President George W. Bush and now president of the Rapidan Group energy consultancy , said after a recent trip to Saudi Arabia that OPEC producers might wait for U.S. supply disruptions Cause.movement.down.loss rather than squeeze Cause.movement.down.loss supply themselves .

Some analysts have also warned that the disruptions Cause.movement.down.loss are likely to cause other producers , particularly ExxonMobil , to quickly boost Cause.movement.up.gain production as prices rise Movement.up.gain .

Https://www.investing.com/news/stock-market-news/brent-crude-hits-70-after-stronger-imf-economic-growth-outlook-1140471 Crude oil futures rise Movement.up.gain to new nearly three-year highs Position.high , lifted by bullish Grow.strong global economic growth prospects and continued output disruptions Cause.movement.down.loss ; U.S. WTI crude +1.5 % at $ 64.57 / bbl , Brent +1.6 % at $ 70.13 / bbl .

World oil futures are set to drop Movement.down.loss further , extending a months-long rout as Kuwait is unlikely to make deep enough production disruptions Cause.movement.down.loss to erase a growing supply glut Oversupply .

Crude oil prices rose Movement.up.gain slightly on Tuesday on supply disruptions Cause.movement.down.loss due to the conflicts Civil.unrest in Iraq and Ukraine .

While U.S. oil output has been rising Movement.up.gain fast , part of the big jump Movement.up.gain in supplies has come from countries that remain at risk of supply disruptions Cause.movement.down.loss , including Libya and Nigeria .

https://www.reuters.com/news/archive/GCA-Commodities/article/us-markets-oil/brent-crude-falls-to-13-month-low-on-ample-supply-demand-worries-idUSKBN0GC1QK20140812 NEW YORK -LRB- Reuters -RRB- - Brent crude oil fell Movement.down.loss to a 13-month low Position.low on Tuesday as increased Movement.up.gain OPEC production helped dampen concerns Negative_sentiment over potential supply disruptions Cause.movement.down.loss in Iraq and Libya .

NEW YORK -LRB- Reuters -RRB- - Brent crude oil reversed losses jumping Movement.up.gain back above $ 108 a barrel on Friday , as fighting Civil.unrest in Ukraine and deteriorating relations Geopolitical.tension between Russia and the United States ignited new fears of supply disruptions Cause.movement.down.loss in the market .

Some analysts have also warned that the disruptions Cause.movement.down.loss are likely to cause other producers , particularly outside the Organization of the Petroleum Exporting Countries , to quickly triple Cause.movement.up.gain supply as futures rise Movement.up.gain .