![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg5B-bOrxvoAoh8eWml0MjWABE7vTMAW9y2dowb78AlMkMfvzccJc6tjHWejeFmbyXXFh6_g1h44ba2cl43lbfvuXHZ2AvW7bIncI7knXJ0oUC8wHbtUjllLAmLFwZsN8Q5RYDE7GsHvgf4/s1600/CRUDE.jpg)
Crude oil dropped pressured by a surprise increase in U.S. crude inventories served as a reminder that supply remains ample despite output problems.
Supply losses in Canada and Nigeria have lent support, but cooler weather was expected to help firefighters battling Canadian wildfires.
Despite the outages and falling U.S. output, OPEC production is at its highest in years thanks in part to higher Iranian exports.
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