West Texas Intermediate slipped for a second day on speculation that crude inventories will accumulate once demand for winter heating fuel tails off. Futures declined as much as 0.6 percent in New York. Twenty-one of 34 analysts and traders, or 62 percent, in a Bloomberg News survey estimated WTI will decline through Feb. 21 as U.S. crude stockpiles expand and freezing temperatures recover. Crude supplies rose by 3.27 million barrels last week, according to the Energy Information Administration. “Crude is overbought,” said Andrey Kryuchenkov , an analyst at VTB Capital in London . “Refinery rates will be shrinking as we finally enter the seasonal maintenance period and the weather in the U.S. Northeast improves.” WTI for March delivery dropped as much as 57 cents to $99.78 a barrel in electronic trading on the New York Mercantile Exchange and was at $99.92 as of 10:54 a.m. London time. The volume […]