Oil prices fell more than a percent on Wednesday as industry data showed a larger-than-expected weekly build in U.S. stockpiles and as Saudi Arabia reported record output in March. The decline in prices followed a rally on Tuesday, when U.S. crude approached 2015 highs following strong jobs data and government forecasts for lower U.S. crude production growth and higher global demand for oil. “We’re going to need to see a very big uptick in demand to offset that supply,” Ben Le Brun, analyst at OptionsXpress in Sydney said. Data from the American Petroleum Institute (API) showed U.S.