Oil fell for the first time in nine sessions in New York after a government report showed U.S. crude stockpiles increased for a second week. Crude stockpiles rose 614,000 barrels last week, according to the Energy Information Administration. A 1.5 million barrel decline was forecast by analysts surveyed by Bloomberg, and a 4.2 million barrel increase was reported Wednesday by the industry-funded American Petroleum Institute. Gasoline and diesel futures climbed to the highest in more than a year after stockpiles fell. Refiners along the Gulf Coast try to reduce crude inventories in December to lower their tax bills. “The fact that crude oil supplies were able to build as refineries operated at high levels and at a time of year when tax concerns usually lower supplies is bearish,” John Kilduff, a partner at Again Capital LLC, a New York-based hedge fund […]