Afghanistan, Sept. 16 -- Global oil prices fell on Wednesday after an unexpected increase in U.S. crude oil inventories outweighed investor concerns over potential supply disruptions following attacks on Saudi Arabia's oil infrastructure.
Brent crude futures fell 93 cents, or 0.86%, to $107.82 a barrel, while U.S. West Texas Intermediate (WTI) crude dropped 97 cents, or 0.92%, to $104.86 a barrel during early trading. The decline followed a sharp rally a day earlier that pushed both benchmarks to their highest levels since May amid escalating tensions in the Middle East.
Market sentiment shifted after the American Petroleum Institute (API) reported an unexpected 7.1 million-barrel increase in U.S. crude inventories for the week ending Sep...