West Texas Intermediate crude fell after an Energy Information Administration report showed U.S. inventories increased more than expected last week. Stockpiles climbed 7.11 million barrels in the week ended Oct. 17, the EIA, the Energy Department’s statistical arm, said in a weekly report. Analysts surveyed by Bloomberg had expected a gain of 3 million. Supply at Cushing, Oklahoma , the delivery point for WTI futures, rose to 20.6 million. WTI for December delivery slid 71 cents, or 0.9 percent, to $81.78 a barrel at 10:32 a.m. on the New York Mercantile Exchange. The November contract expired yesterday. The volume of all futures traded was about 20 percent below the 100-day average for the time of day. Brent for December settlement fell 20 cents, or 0.2 percent, to $86.02 a barrel on the London-based ICE Futures Europe exchange. Volume was 23 percent below the 100-day average. The European benchmark crude […]