09-11-2016 17:31 via uk.news.yahoo.com

Oil lower after U.S. crude build, Trump victory

By Devika Krishna Kumar NEW YORK (Reuters) - Oil fell on Wednesday in choppy trading after weekly data showed another build in U.S. crude inventories, just as the market began to recover from an initial Brexit-like reaction to Donald Trump's surprise victory in the U.S. presidential election. The Energy Information Administration said U.S. crude stockpiles rose 2.5 million barrels last week, a million more than analysts had forecast. Brent crude was down 13 cents at $45.91 a barrel by 11:23 a.m.
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