Oil falls on swelling U.S. stockpiles, Venezuela adds to market uncertainty - Reuters

Oil falls on swelling U.S. stockpiles, Venezuela adds to market uncertainty - Reuters:

Oil prices fell on Wednesday after a rise in U.S. crude inventories, while an intensifying crisis in Venezuela and tightened U.S. sanctions on Iran added further uncertainty to markets.

Brent crude oil futures were at $71.74 per barrel at 0855 GMT, down 32 cents or 0.44 percent from their last close.

U.S. crude futures were down 49 cents or 0.77 percent at $63.42 per barrel.

Trading was thin as May 1 is a holiday in many markets.