UPDATE 9-Oil falls on high inventories, weak demand

* Oil prices recover from 1-mth low as U.S. dollar weakens

* Swelling U.S. oil stocks highlight demand weakness

* Total's CEO says fundamentals don't support prices (Updates with settlement prices)

By Matthew Robinson

NEW YORK, Nov 13 (Reuters) - Oil prices fell on Friday, briefly touching a one-month low as bulging fuel inventories in the United States stirred demand concerns.

U.S crude futures CLc1 settled down 59 cents at $76.35 a barrel, after earlier trading down to $75.57 a barrel, the lowest level since mid-October. In London, Brent crude futures LCOc1 fell 47 cents to settle at $75.55 a barrel.

Crude's losses extended a 3-percent drop on Thursday after the U.S. Energy Information Administration reported crude and product stocks in the world's largest energy consumer rose more than expected last week. [EIA/S]

A rise of 1.8 million barrels in U.S. crude oil stocks and an increase of 2.5 million barrels in gasoline stocks came as data showed demand still trailing year-ago levels.

Fuel consumption in the United States and other large industrial countries was battered by the economic crisis, pushing crude prices off record highs near $150 a barrel in July 2008 to below $33 a barrel in December.