<p>Oil prices fell on Wednesday for a second straight day, with Brent hitting its lowest in two weeks after official figures showed a surprise jump in US inventories of crude.</p>.<p>Brent crude dropped $1.36, or 1.6 per cent, to $83.22 a barrel by 0130 GMT, a two-week low, having declined by 2.1 per cent in the previous session.</p>.<p>US oil fell $1.28, or 1.6 per cent, to $81.38 a barrel, a one-week low, after dropping 2.4 per cent on Wednesday.</p>.<p>Crude stocks rose by 4.3 million barrels last week, the US Energy Department said, more than double the 1.9 million-barrel gain forecast by analysts.</p>.<p>The "hefty" stock build came "on the back of a large jump in net imports of crude oil and still sluggish refinery processing," Citi Research commodities analysts said in a note.</p>.<p>Still, gasoline stocks fell by 2 million barrels to the lowest in nearly four years, even as US consumers struggle with rising prices to fill their tanks.</p>.<p>At the WTI delivery hub in Cushing, Oklahoma, crude storage is the most depleted in three years, with prices for longer-dated futures contracts indicating supplies will stay low for months. </p>.<p><em><strong>Check out the latest DH videos here:</strong></em></p>
<p>Oil prices fell on Wednesday for a second straight day, with Brent hitting its lowest in two weeks after official figures showed a surprise jump in US inventories of crude.</p>.<p>Brent crude dropped $1.36, or 1.6 per cent, to $83.22 a barrel by 0130 GMT, a two-week low, having declined by 2.1 per cent in the previous session.</p>.<p>US oil fell $1.28, or 1.6 per cent, to $81.38 a barrel, a one-week low, after dropping 2.4 per cent on Wednesday.</p>.<p>Crude stocks rose by 4.3 million barrels last week, the US Energy Department said, more than double the 1.9 million-barrel gain forecast by analysts.</p>.<p>The "hefty" stock build came "on the back of a large jump in net imports of crude oil and still sluggish refinery processing," Citi Research commodities analysts said in a note.</p>.<p>Still, gasoline stocks fell by 2 million barrels to the lowest in nearly four years, even as US consumers struggle with rising prices to fill their tanks.</p>.<p>At the WTI delivery hub in Cushing, Oklahoma, crude storage is the most depleted in three years, with prices for longer-dated futures contracts indicating supplies will stay low for months. </p>.<p><em><strong>Check out the latest DH videos here:</strong></em></p>