Brent crude declined from its highest closing level in a week. U.S. distillate and gasoline inventories probably increased last week, according to a Bloomberg survey before data tomorrow.
Futures dropped as much as 0.8 percent in London. U.S. distillate stockpiles, including heating oil and diesel, rose by 240,000 barrels last week in the seven days ended Dec. 13, according to the median estimate of eight analysts surveyed by Bloomberg before data from the Energy Information Administration. Gasoline supplies rose by 1.75 million barrels, adding to three weeks of gains, the survey showed.
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