Oil prices fell on Wednesday after data from an industry group showed a larger-than-expected build in U.S. crude inventories last week, fanning worries over global oversupply, even as a slightly weaker dollar provided some support. Brent crude for December delivery had fallen 14 cents to $48.57 a barrel by 1.03 a.m. ET after settling up 10 cents in the previous session. U.S. crude for December delivery dropped 27 cents at $46.02 a barrel after settling up one cent at $46.29. The November contract, which expired on Tuesday, finished down 34 cents at $45.55 per barrel. “Concerns over the potential for a further build (in U.S. crude stocks) in official data (were driving prices lower)”, said Michael McCarthy, chief market strategist at Sydney’s CMC Markets. “The low volumes and market moves are […]