West Texas Intermediate traded near a four-month low as crude stockpiles gained for a sixth week in the U.S., the world’s biggest oil consumer. Libya may resume production from one of its largest oil fields by next week. Futures were little changed in New York and poised for a second monthly drop. Crude inventories rose by 4.1 million barrels to 383.9 million last week, data from the Energy Information Administration show. Supplies were projected to climb by 2.4 million, according to a Bloomberg News survey of analysts. Libya’s Sharara field may restart within 10 days, Salah A. Ben Ali, the manager of international cooperation at the Oil and Gas Ministry, said at a conference in Singapore . “It’s tough times for the oil market,” said Ric Spooner, a chief market analyst at CMC Markets in Sydney. “The reason for the decline is apparent, with the U.S. data showing a […]