Crude-oil futures traded in a narrow price range in Asia Monday as markets weighed the impact of ongoing tensions in Iraq and Ukraine. On the New York Mercantile Exchange, light, sweet crude futures for delivery in September traded at $97.95 a barrel at 0453 GMT, up $0.30 in the Globex electronic session. September Brent crude on London’s ICE Futures exchange rose $0.13 to $105.15 a barrel. Oil futures had ended mixed last week, with Nymex crude losing 23 cents and Brent crude gaining 18 cents for the week ended August 8. The U.S. continued airstrikes in Northern Iraq over the weekend and relocated some of its personnel from the American consulate in the city of Erbil to safer areas. Last week, OPEC said in its monthly report that the cartel’s oil production rose to its highest in five months in July on the back of higher […]