Saudi, UAE reach compromise to unlock more oil supply U.S. crude stockpiles fall for eighth week in a row – EIA U.S. fuel stocks rose despite reduced refinery output – EIA Iran nuclear negotiations likely delayed to mid-Aug – source China June crude throughput hit record high SINGAPORE, July 15 (Reuters) – Oil prices fell more than 1% on Thursday, extending losses as investors braced for more supplies following a compromise between top OPEC producers and as U.S. fuel stocks rose, raising concerns about demand in the world’s largest consumer. Brent crude futures for September dropped 91 cents, or 1.2%, to $73.85 a barrel by 0640 GMT while U.S. West Texas Intermediate (WTI) crude for August was at $72.11 a barrel, down $1.02, or 1.4%. Both benchmarks slid more than 2% on Wednesday after Reuters reported that Saudi Arabia and the UAE had reached a compromise that should pave […]