(Encyclopedia of this Day News | Iraq News ) - Direct: Oil prices fell during trading on Friday, with the increase in US production, and rising exports from within "OPEC".
OPEC exports rose to 26.1 million barrels per day (bpd) in July, an increase of 370,000 bpd, a Reuters survey showed.
US government data showed last week production rose to the highest level since August 2015, 12%, to 9.4 million barrels per day.
By 8:53 am GMT, the price of Brent crude for $ 52 was up.
The price of NYMEX crude futures settled at $ 49.01 per barrel.
Later in the day, data on the number of US oil drilling platforms are due to be released later this week.