Oil prices mixed, U.S. inventory build-up heightens oversupply concerns – ZAWYA

Oil prices mixed, U.S. inventory build-up heightens oversupply concerns – ZAWYA

Oil prices mixed, U.S. inventory build-up heightens oversupply concerns. Brent crude LCOc1 was down by 21 cents, or 0.8%, at $26.14 a barrel by 0032 GMT, while U.S.. U.S. crude inventories rose by 10.5 million barrels last week, far exceeding forecasts for a 4 million barrel build-up, data from industry group the American Petroleum Institute showed.. A Reuters survey of 40 analysts forecast Brent would average $38.76 a barrel in 2020, 36% lower than the $60.63 forecast in a February survey..