Oil prices fell on Thursday after official data showed an unexpected rise in U.S. crude stockpiles, U.S. output hit a record high and major oil exporters increased production. International crude oil benchmark Brent was down 40 cents at $72.50 a barrel by 0740 GMT. U.S. light crude was 20 cents lower at $68.56. Brent has fallen almost 9 percent from last week’s high above $79 on emerging evidence of higher production from Saudi Arabia and other members of the Organization of the Petroleum Exporting Countries as well as Russia and the United States. “The outlook remains negative,” said Robin Bieber, technical analyst at London brokerage PVM Oil Associates. The U.S. Energy Information Administration said on Wednesday U.S. crude production had reached 11 million barrels per day (bpd) for the first time. […]