CNBC | BREAKING: US crude closes 1.39 pct lower at $46.98 as surging OPEC output weighs CNBC Iraq, which has exported more crude from its southern ports in August, will continue ramping up output, its oil minister said on Saturday. Top exporter Saudi Arabia has kept output at around record levels this month. The dollar hit a three-week high ... Oil pulls back on dollar strength, doubts for OPEC pact Oil down nearly 2 percent on surging OPEC output, strong dollar Oil falls nearly 2% on surging OPEC output, strong US dollar |