Mumbai, Nov. 13 -- Crude oil futures tanked yesterday on oversupply fears. WTI Crude and Brent Crude lost around 4% each to test three-week low after the US Energy Information Administration or EIA stated in a monthly update for November that it expects global oil inventories to continue to rise through 2026. The EIA has stated that Brent crude oil spot prices averaged $65 per barrel (b) in October, $3/b less than the average in September and $15/b less than the average in January of this year. Crude oil prices fell in October as growing supplies of crude oil outweighed uncertainties related to the effect of new rounds of sanctions on Russia's oil sector. It forecast that growing global oil production and the transition to the low point of ...