West Texas Intermediate is poised for a third weekly drop as crude supplies climbed to the highest level since November in the U.S., the world’s biggest oil consumer. Brent was steady in London . Futures slid for a second day in New York , falling as much as 0.7 percent. U.S. oil inventories rose for a ninth week as production increased, the Energy Information Administration said March 19. Brent advanced yesterday as the U.S. announced sanctions on Russia after it seized control of Crimea from Ukraine. The measures target aides and associates of President Vladimir Putin , including billionaire Gennady Timchenko , co-founder of energy-trading company Gunvor Group Ltd. “The increase in inventories overall and production set a soft tone,” said Ric Spooner, a chief analyst at CMC Markets in Sydney. “Even if some disruption comes out of the Ukraine situation it’s not really something that would be a […]