Brent crude headed for a weekly increase on speculation that the Federal Reserve ’s plans to reduce stimulus indicate the economic recovery is gaining strength and will support fuel consumption. Brent futures were little changed in London, having advanced 1.6 percent this week. The Federal Reserve, which announced on Dec. 18 it will taper its program of bond-buying amid improved prospects for the job market, will probably reduce purchases in $10 billion increments over the next seven meetings, economists in a Bloomberg News survey said. West Texas Intermediate prices will probably decline next week amid ample U.S. crude inventories, a separate Bloomberg survey showed. “The improvement in the U.S. economy is clear, and that should offset any small negative impact from tapering,” said Amrita Sen, chief oil market strategist at Energy Aspects Ltd., a London-based consultant. “It has taken a few months for the market to acknowledge the upside […]