U.S. crude oil stocks rose to a fresh record last week, the Energy Information Administration said on Wednesday, as a surge in imports and rising domestic production more than offset a hike in refinery runs. Crude stocks in the world’s top oil consumer have been building since the beginning of the year and undermining hopes that an OPEC-led deal to cut production will reduce a persistent global glut. Crude inventories hit a record 533.1 million barrels after surging 5 million barrels in the week to March 17, nearly double expectations for a 2.8 million-barrel build, as imports soared 1.1 million barrels per day. U.S. production rose modestly […]