Oil ends below $75 a barrel as rebound fizzles

Crude-oil futures on Wednesday extended losses to a third straight session, as an earlier rebound fizzled and investors focused on a surprise increase in supplies.

On the New York Mercantile Exchange, light, sweet crude futures for delivery in December CLZ4, +0.09%  fell 3 cents, less than 0.1%, to settle at $74.58 a barrel. Prices have lost 1.6% over the past three sessions.

January Brent crude on London’s ICE Futures exchange LCOF5, +0.24%   fell 37 cents, or 0.5%, to finish at $78.10 a barrel. Brent prices slid 1.7% in the last three sessions.