Reuters
Oil falls after increases in U.S. crude, fuel stockpiles
TOKYO (Reuters) -Oil prices fell on Wednesday after industry data showed crude oil stockpiles rose more than expected and fuel inventories unexpectedly increased last week in the United States, the world’s largest oil consumer. Brent oil futures fell 69 cents, or 0.8%, to $85.71 a barrel by 0559 GMT after closing at the highest in seven years on Tuesday. West Texas Intermediate (WTI) futures declined 79 cents, or 0.9%, to $83.86 a barrel after gaining 1.1% in the previous session.
