LATEST NEWS...!! Oil costs fell about 2% on Wednesday, overloaded by a more fragile interest standpoint and an ascent in U.S. rough inventories regardless of developing desires for continuous OPEC-drove supply cuts. Brent rough prospects, the global benchmark at oil costs, were down $1.16, or 1.86%, at $61.13 a barrel by 0616 GMT. U.S. West Texas Intermediate (WTI) rough prospects were down $1.04, or 1.95%, at $52.23 per barrel. The U.S. Vitality Information Administration (EIA) cut its gauges for 2019 world oil request development and U.S. raw petroleum creation in a month to month report discharged on Tuesday. The EIA brought down its 2019 world oil request development conjecture by 160,000 barrels for each day (bpd) to 1.22 million bpd and twisted back its figure for 2019 U.S. unrefined generation to 12.32 million bpd, 140,000 bpd not exactly the May figure. An unexpected increment in U.S. rough stores likewise kept oil costs under strain. "Financial specialists have b...