Oil traded below $45 a barrel after Iraq’s exports approached a record high in April, adding barrels to a worldwide supply glut that’s pushed prices lower. Futures were little changed in New York after falling 2.5 percent on Monday. Iraq, excluding sales by the Kurdistan Regional Government, shipped 3.36 million barrels a day last month, an oil ministry spokesman said by text message Sunday. Exports were near the November record-high. West Texas Intermediate was 6 cents higher at $44.84 a barrel on the New York Mercantile Exchange at 8:53 a.m. Sydney time. The contract fell $1.14 to $44.78 on Monday. Total volume traded today was 86 percent below the 100-day average. Brent for July settlement declined by $1.54, or 3.3 percent, to end the session Monday at $45.83 a barrel on the London-based ICE Futures Europe exchange. The global benchmark closed at a 35-cent premium to WTI for July.