West Texas Intermediate traded below $100 a barrel for a second day after crude stockpiles rose to a 15-week high in the U.S., the world’s biggest oil consumer. The grade’s discount to Brent was its widest since April. Futures slid as much as 0.4 percent in New York after falling yesterday to the lowest price since July. Crude inventories increased by 4 million barrels to 374.5 million in the week ended Oct. 11, according to data from the Energy Information Administration. Supplies were projected to climb by 3 million, according to a Bloomberg News survey. WTI is poised to extend the drop below $100 through the end of the year, a separate survey shows. “Relatively low refining runs and slow pre-winter demand continue to weigh on WTI,” said Andrey Kryuchenkov , an analyst at VTB Capital in London. “There is little scope for a WTI price rebound at the […]