Oil Off 2015 Highs on Iraq Export Record

Iraq said today its crude oil exports hit a historic record in April, to 3.08 million bpd. OPEC supply in April also rose to its highest in more than two years at 31.04 million bpd, Reuters reported.  

The Brent crude oil for June delivery fell below 2015 highs and settled at $66.46 a barrel. Brent jumped 21 percent in April.