Oil price fell to their lowest level in more than five weeks on Wednesday, following data showing an unexpectedly large increase in US gasoline inventories, and data from the Energy Information Administration forecast an increase in crude production from non-OPEC producers.
The surge in US gasoline stocks pushed gasoline futures down more than 3 percent, drawing on Brent crude and US crude.
After rising for three straight sessions, global benchmark crude futures fell Brent to $ 1.88, or 3.86 percent, to $ 46.84 a barrel by 1535 GMT.
US WTI crude fell $ 1.83, or 3.94 percent, to $ 44.63 a barrel. US currency foreign exchange