West Texas Intermediate fell from the highest closing price this month amid speculation crude stockpiles rose to the most since June in the U.S., the world’s biggest oil consumer. Futures slid as much as 0.4 percent in New York after two days of gains. U.S. crude supplies climbed for an eighth week, adding 500,000 barrels in the period ended Nov. 8, according to a Bloomberg News survey before a report from the Energy Information Administration this week. Iran and United Nations atomic inspectors signed their first accord in six years yesterday, giving monitors broader access to nuclear facilities in the Persian Gulf country. “The continued surplus in U.S. domestic production will put pressure on the downside” for crude prices, said David Lennox, a resource analyst at Fat Prophets in Sydney. “Inventory levels are heading in the wrong direction.” WTI for December delivery dropped as much as 34 cents to […]