EIA data Imports cut as Tropical Storm Hermine entered Gulf of Mexico Oil trimmed its weekly gain after the biggest U.S. stockpile slump in 17 years was seen as a one-off caused by a tropical storm that disrupted imports and offshore production. Futures dropped 1.2 percent in New York, paring the weekly advance to 5.8 percent. Crude inventories fell 14.5 million barrels last week, the biggest decline since January 1999, according to Energy Information Administration data Thursday. Imports tumbled 21 percent as Tropical Storm Hermine moved into the Gulf of Mexico on Aug. 28, disrupting shipping and output. Oil has swung amid speculation members of the Organization of Petroleum Exporting Countries and Russia would agree on measures to stabilize the market. While Saudi Arabia’s Energy Minister Khalid Al-Falih said Monday he’s optimistic producers will cooperate, a meeting with his Russian counterpart […]