Business

Oil falls after surprise increase in US crude inventories

Brent crude futures fell 33 cents, or 0.8%, at $41.39 a barrel by 0641 GMT, and earlier fell by as much as 1.2% to $40.21. US West Texas Intermediate crude futures dropped 40 cents, or 1%, to $39.40 a barrel after earlier declining by as much as 1.4% to $39.26.