Oil fell to 5-week low

West Texas Intermediate tumbled more than $2 a barrel following declines in metals on speculation that a commodity fund is selling positions. Oil also decreased after gasoline futures slid for a second day from the highest level since September. U.S. oil supplies probably rose 2 million barrels through Feb. 15 as domestic production increased, according to a Bloomberg survey before a government report tomorrow.

U.S. crude supplies probably rose 0.5 percent to 374.2 million barrels last week, according to the median estimate of 11 analysts surveyed by Bloomberg. It would be the longest streak of increases since May.

The Energy Information Administration, the Energy Department’s statistical arm, is scheduled to release its weekly report at 11 a.m. tomorrow in Washington, one day later than normal because of the Presidents Day holiday on Feb. 18.

WTI for March delivery, which expires today, dropped to $93.92 a barrel on the New York Mercantile Exchange.

Brent for April settlement dropped $1.60, or 1.4 percent, to $115.92 a barrel on the London-based ICE Futures Europe exchange.