Crude oil prices fall as major producers hint at output hike

By Henning Gloystein SINGAPORE (Reuters) - Crude prices fell early on Thursday as concerns over a global glut took center stage after Russia and Iran said they were ready to raise oil production further, while inventories in the United States climbed slightly. The International Energy Agency (IEA) said on Thursday that oil markets would likely take until 2017 to rebalance and that even that was provided there was no major economic slowdown. International Brent crude futures were trading at $45.3