Oil slipped in New York after two days of gains as output in Canada continued to increase following Alberta’s wildfires. Futures fell as much as 0.5 percent in New York after climbing 2.9 percent Monday. The recovery in oil prices remains fragile as disrupted supplies return to the market and prolong a global surplus, according to Goldman Sachs Group Inc. Canadian output is expected to ramp up this month and return to normal by mid-July, the International Energy Agency said June 14. West Texas Intermediate declined as much as 23 cents to $49.14 a barrel on the New York Mercantile Exchange and traded at $49.18 at 8:36 a.m. Sydney time. The contract climbed $1.39 on Monday as equities rose and the dollar slipped on speculation the U.K. will vote to remain in the European Union. Brent for August settlement climbed $1.48, or 3 percent, to end the session Monday […]