Oil fell for a fourth day, set for the longest losing run in more than a year, as investors fretted that a global slowdown would hurt energy consumption and an industry report pointed to a major build in US inventories. West Texas Intermediate fell toward $87 a barrel following a drop of almost 6% over the prior three days. On Wednesday, minutes from the Federal Reserve showed officials committed to raising interest rates to a restrictive level and holding them there to curb inflation, potentially slowing growth. Figures from the industry-funded American Petroleum Institute , meanwhile, showed an increase of more than 7 million barrels last week, according to people familiar with the release. Official data will follow later Thursday. Crude rallied last week as the Organization of Petroleum Exporting Countries and its allies agreed to cut oil supply, but that advance has been partially unwound since Monday. Traders […]