Oil prices fell on Thursday, pulled down by rising U.S. crude inventories, a stronger dollar and surging output from Iran to Europe and Asia. Brent crude futures LCOc1 were down 87 cents, or 1.8 percent from their last settlement, trading at $48.06 per barrel at 0159 GMT. U.S. crude futures CLc1 were down 74 cents, or 1.5 percent, at $47.45 a barrel. Both contracts broke 2016 highs earlier in the week on the back of output cuts across the Americas, in Africa and also in Asia. But the bull-run ended after the U.S. Energy Information Administration (EIA) published data showing an unexpected 1.31 million barrel rise in U.S. crude stocks to 541.29 million barrels C-STK-T-EIA. “We suspect the oil market […]