Oil prices slid Monday as Iraqi and Kurdish forces made gains against Islamic insurgents, reducing investor concerns about threats to Iraq’s oil production and exports. Iraqi and Kurdish forces recaptured the core of a critical dam on Monday. Militants had seized the dam Aug. 7. Oil prices jumped to nine-month highs in June when Sunni insurgents first captured cities in northern Iraq, as traders worried that the insurgents could spread to the south of Iraq, where the country’s oil production and exports are based. The current campaign is the latest indication to market watchers that Iraq’s oil output isn’t in immediate risk. “The Iraq situation, although very troubling, has not resulted in any real disruption of oil coming out of the fields there,” said Richard Soultanian, co-president of NUS Consulting Group. Light, sweet crude for September delivery fell 94 cents, or 1%, to $96.41 a […]