Oil falls after U.S. crude stockpiles jump and gasoline demand slumps

NEW YORK (Reuters) - Oil prices fell on Wednesday after data showed U.S. crude inventories rose last week by the most since 2016 while gasoline demand suffered its biggest weekly drop ever due to the coronavirus pandemic.Crude inventories rose by 13.8 million barrels last week, the U.S. Energy Information Administration said. That was the biggest one-week rise since 2016, and analysts expect similar reports in coming weeks, as refineries curb output further and gasoline demand continues to..