Oil fell below $60 per barrel on Wednesday after U.S. crude inventories rose for the 10th straight week amid concerns about excess global supply. Prices, however, rose from the day’s lows in tandem with a rally in stocks after a speech from Federal Reserve Chair Jerome Powell, who said risks to the U.S. economy are relatively balanced, suggesting the pace of interest-rate hikes may slow in coming months. In the last three days, oil investors have been more willing to buy on declines after a rout that took crude futures down by 30 percent since the beginning of October. Brent crude LCOc1 was down 32 cents, or 0.5 percent, at $59.89 a barrel as of 1:18 p.m. EST (1818 GMT), after falling as low as $59.03. U.S. […]