Crude-oil futures swung between gains and losses in Asian trading hours Monday after declining for three consecutive weeks, while analysts warned that geopolitical risks to oil supply shouldn’t be completely overlooked. On the New York Mercantile Exchange, light, sweet crude futures for delivery in August traded at $100.50 a barrel at 0624 GMT, down $0.33 in the Globex electronic session. August Brent crude on London’s ICE Futures exchange fell $0.08 to $106.58 a barrel. “There are bearish risks from Libya and potentially Iran, but with Iraq on edge and Russia/Ukraine still simmering, oil prices are expected to find support,” Edward Morse, head of commodities at Citi Research, said. Over the weekend, Iraq’s parliament failed to agree on a new speaker, prolonging a political impasse and delaying measures to address the country’s deteriorating security situation. In Vienna, U.S. Secretary of State John Kerry warned of “very significant […]