Dubai – (Massader News )
Oil prices fell on Friday, driven by increased US production and higher OPEC exports. Brent crude futures settled at $ 52 a barrel.
The price of NYMEX crude futures settled at $ 49.01 per barrel.
OPEC exports rose to 26.1 million bpd in July, an increase of 370,000 bpd, according to a Reuter’s survey.
US government data showed production rose 12 percent to 9.4 million bpd.
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