U.S. stockpiles probably rose by 2.1 million barrels: survey Intervention may see market rebalance before end-2017: Birol Oil shrugged off data forecast to show U.S. stockpiles gained a second week, edging back above the $50 level where prices have hovered since rallying on OPEC’s decision to cut output last month. West Texas Intermediate futures advanced 1 percent in New York, erasing Monday’s 0.8 percent slide. WTI’s 50-day moving average climbed past its 100-day counterpart, signaling prices may gain further, according to Confluence Investment Management LLC. Inventories probably added 2.1 million barrels last week, a Bloomberg survey showed before government data Wednesday. Oil is up about 13 percent since the Organization of Petroleum Exporting Countries reached a deal Sept. 28 in Algiers to manage supply, and prices have closed slightly above $50 a barrel for six of the last eight sessions as investors await a meeting next month where the […]