16-11-2016 03:33 via uk.news.yahoo.com

Oil prices fall after industry report shows stock build

By Aaron Sheldrick TOKYO (Reuters) - Oil futures fell on Wednesday after an industry report showed an unexpected build in U.S. crude stocks, paring some of their gains of nearly 6 percent from the session before. Oil prices had surged on Tuesday as members of he Organization of the Petroleum Exporting Countries (OPEC) were set to renew efforts to efforts to agree concrete steps to implement a deal on cutting output in the face of a persistent global glut. OPEC agreed to an outline of a supply cu
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