West Texas Intermediate crude fell for a second day as purchases of new U.S. homes missed forecasts, raising concern that fuel demand may slow in the world’s leading consumer of oil. Prices dropped the most in two weeks. Home sales decreased 7 percent to a 414,000 annualized pace in December, the Commerce Department reported, lower than any estimate of economists surveyed by Bloomberg. WTI also declined on speculation the Federal Reserve will decide to curb stimulus further at a meeting this week. “The U.S. economy is not as strong as people thought and the perception of demand is weak,” said Gordy Elliott, a risk-management specialist at Intl FC Stone LLC in St. Louis Park , Minnesota . “There is anticipation that the Fed will lessen stimulus.” WTI for March delivery slid 92 cents, or 1 percent, to end at $95.72 a barrel on the New York Mercantile Exchange , […]