Gasoline stockpiles rose 2.18 million barrels last week: API WTI climbed 12% previous four sessions, most since April Oil slipped from the highest closing price in five weeks as industry data showed U.S. gasoline stockpiles expanded, keeping supplies at the highest seasonal level in more than two decades. Futures slid as much as 1.2 percent in New York, ending a 12 percent rally over the previous four sessions after Saudi Arabia said it was prepared to act to stabilize markets. U.S. inventories of motor fuel increased by 2.18 million barrels last week, the American Petroleum Institute was said to report Tuesday. Government data Wednesday is forecast to show gasoline supplies fell. Oil has climbed about 17 percent since closing below $40 a barrel and tumbling into a bear market earlier this month. Russian Energy Minister Alexander Novak said last week that the nation was open to cooperating to stabilize […]