Crude oil dropped as worries over the fate of Iraq’s oil exports fade and traders weigh healthy domestic U.S. crude supplies.
Also weighing on crude was news Libya's oil output has risen to 300,000 bpd after the El Feel oilfield in the southwest increased production.
Investors are still watching how the fight for control of Iraq's largest refinery, the 300,000-bpd Baiji complex, unfolds.
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