Economics

WTI Crude Falls Most in Three Weeks on U.S. Supplies

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West Texas Intermediate crude fell the most in three weeks on projections that U.S. supplies rose and concern that the weakening Chinese yuan will hurt growth in the second-biggest oil-consuming country. Brent also dropped.

Futures in New York tumbled 1 percent. U.S. crude inventories increased for a sixth week to 363.6 million barrels, according to a Bloomberg survey of analysts before an Energy Information Administration report tomorrow. China’s yuan slid for a sixth day, ending below the central bank’s reference rate for the first time since September 2012.