Oil fell more than 1 percent on concerns over rising U.S. production and as equities fell, erasing earlier gains driven in part by the firing of U.S. Secretary of State Rex Tillerson. Brent crude futures LCOc1 dropped 31 cents, or 0.5 percent, to settle at $64.64 per barrel. U.S. West Texas (WTI) crude futures CLc1 fell 65 cents, or 1.06 percent, to $60.71 per barrel. The market has been buffeted by a number of factors in an active session, including weakness in the equity market, which has trended in tandem with oil of late. U.S. production has reached an all-time record and weekly data last week showed overall output rising further, to more than 10.3 million barrels per day. (GRAPHIC: Russia vs Saudi vs U.S. oil […]