U.S. supplies of crude oil probably fell for the first time in 11 weeks as refineries boosted operating rates and fuel production. Inventories dropped by 700,000 barrels, or 0.2 percent, to 390.7 million barrels in the seven days ended Nov. 29, based on the median of eight analyst estimates before an Energy Information Administration report on Dec. 4. Six respondents forecast a decline and two projected a gain. Refineries raised their operating rate to above 90 percent last week for the first time since September, the survey showed. The crude supply rose to the most since June in the prior week as domestic production climbed to more than 8 million barrels a day. “This report will finally show a drop in crude supplies,” said John Kilduff , a partner at Again Capital LLC, a New York-based hedge fund that focuses on energy. “We’ll be seeing de-stocking through the year.” […]