Mubasher: Crude oil prices fell during Thursday’s trading session as crude exports increased and Brent dropped below $58 per barrel (pb).

By 10:24 am GMT, Brent crude declined 1.15% to $57.48 pb, while WTI Crude Oil (Nymex) dwindled 1.35% to $51.34 pb.

The average of Iraqi Kurdistan’s crude oil flows to Turkey rose to 240,000 barrels per day (bpd) on Thursday from 225,000 bpd on Wednesday, a shipping source told Reuters.

Oil inflows in the US climbed to a remarkable level in the first half of 2017 to 0.9 million bpd from H1-16, according to data released by the U.S Energy Information Administration (EIA)