Crude oil futures slumped on Wednesday, ending their longest bull-run in more than five years, as the floor trading resumed after a holiday. The slump came amid signs that OPEC's supply quota plan may be falling apart. A report showed that oil exports by the Organization of the Petroleum Exporting Countries climbed for a second month in June. OPEC exported 25.92 million barrels per day (bpd) in June, up 450,000 bpd from May and 1.9 million bpd more than a year earlier.

Benchmark crude oil futures for August delivery plunged by $1.94 or 4.12 percent to $45.13 on the New York Mercantile Exchange. In London, Brent crude for August delivery ended down by $1.82 or 3.7 percent at $47.79 a barrel on the ICE.

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