Oil prices fell on Thursday after U.S. crude inventories swelled to their highest level since December stoking concerns about a global glut but OPEC talk of an output reduction limited losses. Benchmark Brent fell 67 cents to $62.82 a barrel by 0904 GMT, after dropping by as much as $1 earlier in the session. U.S. WTI fell more than a $1 before easing back to trade down 79 cents at $53.84. U.S. commercial crude oil inventories climbed by 4.9 million barrels to 446.91 million barrels last week, the U.S. Energy Information Administration (EIA) said on Wednesday, its highest level since December. U.S. crude oil […]