melbourne oct 26 reuters  oil prices fell in early trade on wednesday as the dollar firmed and as industry data showing us crude oil stockpiles rose more than expected reinforced fears of a global recession that would cut demand brent crude futures for december dropped 117 or 13 to 9235 a barrel at 0111 gmt after climbing 26 cents in the previous session us west texas intermediate wti crude futures for december delivery were down 88 cents or 1 to 8444 a barrel reversing the previous sessions gain the prospect of a global economic slowdown and tighter monetary policy has been outweighing the spectre of supply reductions in recent weeks anz research analysts said in a note us crude inventories rose by about 45 million barrels in the week ended oct 21 according to market sources citing figures from the american petroleum institute an industry group that was higher than expectations from five analysts polled by reuters who on average had expected a build of about 200000 barrels at the same time api data showed distillate stocks which include diesel heating oil and jet fuel rose by about 600000 barrels against analysts estimates for a drawdown of 11 million barrels however gasoline inventories fell by about 23 million barrels nearly double the decline that analysts had expected official us stockpile data from the governments energy information administration is due on wednesday at 1430 gmt a stronger dollar also weighed on the market the dollar index  which measures the greenback against six major peers inched up to 11102 a firmer dollar dampens demand for oil as it makes crude more expensive for those holding other currencies while smarting from the recent decision by the organization of the petroleum exporting countries opec and allies led by russia together called opec to cut oil output the white house on tuesday welcomed moves by saudi arabia to help ukraine in its war with russia read more us president joe biden worried that gasoline prices will jump ahead of nov 8 congressional elections has warned the saudis would face consequences for aligning with russia and agreeing to reduce crude supply reporting by sonali paul in melbourne editing by christian schmollinger