Oil rebounded in New York from its biggest drop in three days as a decline in U.S. crude inventories tempered signs that refinery maintenance is crimping demand. West Texas Intermediate futures advanced as much as 1.5 percent, trimming Wednesday’s 4.1 percent slump. Nationwide crude inventories fell more than the median estimate in a Bloomberg survey, according to data from the Energy Information Administration. Refinery utilization slid 2.2 percentage points while daily crude output climbed by 19,000 barrels to 9.14 million. Even with Thursday’s recovery, oil prices are still down more than 25 percent from this year’s closing peak in June on speculation a global glut will be prolonged. While U.S. crude stockpiles declined for a second week through Sept. 18, they remain almost 100 million barrels above the five-year seasonal average. “Crude stocks fell as imports remained low,” Amrita Sen, chief oil analyst at consultants Energy Aspects Ltd. in […]