Reading Time: 3 minutesOil prices fell on Monday after Iraq’s Kurdistan region resumed crude oil exports via Turkey over the weekend and as OPEC+ plans another oil output hike in November, adding to global supplies. Brent crude futures fell 34 cents, or 0.5%, to $69.79 a barrel by 0330 GMT, after settling at the highest since July 31 on Friday. U.S. West Texas Intermediate crude was trading at $65.29 a barrel, down 43 cents, or 0.7%, giving back most of Friday’s gains. Crude oil flowed on Saturday through a pipeline from the semi-autonomous Kurdistan region in northern Iraq to Turkey for the first time in 2-1/2 years, after an interim deal broke a deadlock, Iraq’s oil ministry said. However, OPEC+ has been pumping almost 500,000 bpd less than its targets, defying market expectations of a supply glut.