Oil futures fall as sources say API data show U.S. crude supply up 4.4 mln barrels

Oil futures fell in electronic trading late Tuesday after the American Petroleum Institute reported a four.four million-barrel upward thrust in U.S. crude provides for the week ended Nov. 4, in step with sources. Analysts polled with the aid of S&P global Platts forecast a climb of 1.6 million barrels in stockpiles. provide information from the power data Administration might be released Wednesday. December crude CLZ6, -0.16% used to be at $ 44.seventy four a barrel in electronic buying and selling, down from the contract’s contract of $ 44.ninety eight on the new York Mercantile change.

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