text: Oil Prices Drop \$1 Despite Iraq Sabotage WASHINGTON - Oil futures dropped by nearly \$1 per barrel Monday despite pipeline sabotage in Iraq that has delayed exports from a southern port - reinforcing the view among traders that prices had risen too fast earlier this summer.   "It just goes to show you that when the psychology turns, it turns," said Tom Bentz, a trader at BNP Paribas Futures in New York...