OIL futures were little changed midweek despite yet another set of bearish data from the US, which showed record levels of crude inventories in the world’s largest consumer.

US crude stocks jumped 9.5 million barrels last week, the US Energy Information Administration (EIA) said, nearly three times more than forecasts.

Crude inventories rose to a peak at 518 million barrels, while gasoline stocks also hit a record, rising by 2.8