Oil prices were mixed on Monday, with U.S. crude lower on news about the timeline for the end of a major Canadian production outage, while global benchmark Brent gained on looming sanctions on Iran and falling production in Libya. U.S. light crude futures were down 33 cents to $73.46 by 12:17 p.m. EDT (1617 GMT). Brent was up 74 cents at $77.85. An updated timeline on the restart of the Syncrude oil sands facility added a jolt of volatility into U.S. crude trading, said John Kilduff, partner at energy hedge fund Again Capital LLC in New York. Brent, meanwhile, was well supported. The United States says it wants to reduce oil exports from Iran, the world’s fifth-biggest producer, to zero by November, which would oblige […]