Crude oil prices pulled backed slightly overnight after a US report showed a large build in stockpiles. The American Petroleum Institute (API) reported a 5.213 million barrel build for the week ending October 8. That is the third weekly inventory build reported by the API. Energy traders will shift their focus to the upcoming Energy Information Administration’s Weekly Petroleum Status Report where analysts expect to see a build of just over half a million barrels for the week ending October 8, according to a Bloomberg survey. The Organization of the Petroleum Exporting Countries (OPEC) released its Monthly Oil Market ... (full story)