Brent crude fell to the lowest in four years as forecasts for rising U.S. crude stockpiles bolstered speculation that supply gains are outpacing demand. West Texas Intermediate slid in New York . Futures dropped as much as 1.3 percent in London. Crude inventories in the U.S., the world’s biggest oil consumer, probably expanded by 1 million barrels last week, a Bloomberg News survey shows before a government report on Nov. 13. The oil market is oversupplied, partly because of rising U.S. oil production, United Arab Emirates Energy Minister Suhail Al Mazrouei told reporters today in Abu Dhabi . Crude is extending losses in a bear market amid signs that global demand isn’t keeping pace with supply. Members of the Organization of Petroleum Exporting Countries including Saudi Arabia and Iraq are resisting calls to cut output and instead reduced export prices to the U.S., where they’re competing with the fastest […]