Oil prices fell today on a report OPEC kingpin Saudi Arabia could maintain its total production capacity with the expansion of an oilfield, fuelling fears over the global supply glut.

Crude oil futures rose on Tuesday, pushed up by a weaker dollar and a flood of new cash into the market, but analysts warned that fundamentals remain weak as a producer race for customers heats up in the Middle East.

Front-month Brent crude futures were trading at $44.91 per barrel at 0129 GMT, up 43 cents, or around 1 percent, from their last settlement.

U.S. crude futures were also up around half a dollar and 1 percent at $43.10.

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