Oil prices fall on weaker demand growth, surprise gain in US crude stocks - Reuters

Oil prices fall on weaker demand growth, surprise gain in US crude stocks - Reuters:

Oil prices fell nearly 2% on Wednesday, weighed down by a weaker demand outlook and a rise in U.S. crude inventories despite growing expectations of ongoing OPEC-led supply cuts. 

Brent crude futures, the international benchmark for oil prices, were down $1.16, or 1.86%, at $61.13 a barrel by 0616 GMT.

U.S. West Texas Intermediate (WTI) crude futures were down $1.04, or 1.95%, at $52.23 per barrel.