Oil Supply Falls in Survey on Refinery Demand: Energy Markets

U.S. oil supplies probably fell for the first time in three weeks on increased demand from refiners as they boosted production, a Bloomberg News survey showed.

Inventories dropped 1.4 million barrels, or 0.4 percent, in the seven days ended Dec. 3 from 359.7 million a week earlier, according to the median of 16 analyst estimates before an Energy Department report tomorrow. Fourteen of the respondents forecast a decrease and two projected a gain.