West Texas Intermediate crude traded near the lowest price in two months before inventory data measuring the strength of fuel demand in the U.S., the world’s biggest oil consumer. Brent fell as supply risks eased. Futures were little changed in New York. U.S. gasoline stockpiles probably increased to the highest since March and distillate supplies also rose, a Bloomberg News survey shows before an Energy Information Administration report tomorrow. Crude stockpiles, while projected to have fallen, are 5.1 percent higher than a year ago. Supplies from Iraq remains unaffected by an insurgency while Libya seeks to boost exports after two ports reopened. “For crude generally, what you are seeing is a correction from the highs of the Iraqi crisis as expectations around a possible supply disruption reversed course,” Harry Tchilinguirian , head of commodity markets strategy at BNP Paribas SA in London, said by e-mail. “For WTI in particular, […]