NEW YORK–U.S. oil futures settled at their lowest level in five months Tuesday as traders worried about a potential seventh straight weekly increase in domestic supplies amid weak demand and high crude production. Meanwhile, a better-than-expected reading on the U.S. services industry led to speculation that the Federal Reserve will soon begin to scale back its economic stimulus program, which has helped to prop up crude prices. Light, sweet crude for December delivery fell $1.25, or 1.3%, to $93.37 a barrel on the New York Mercantile Exchange. The decline was the fifth in six sessions for oil futures, which have plunged 16% over the past two months and finished at their lowest price since June 4. Brent crude on the ICE futures exchange lost 90 cents, or 0.9%, to $105.33 a barrel. The European benchmark, considered to be a gauge of world oil prices, was supported somewhat by reports […]