Oil fell in New York after the biggest drop in more than two weeks, on estimates that crude stockpiles continued to pile up in the U.S. Futures slipped 0.5 percent after retreating 1.5 percent Monday. Crude supplies probably increased by 2.5 million barrels last week for a fifth weekly gain, according to a Bloomberg survey before a report Wednesday from the Energy Information Administration. BP Plc on Tuesday reported fourth-quarter earnings that missed analyst estimates after higher oil prices failed to fully compensate for lower income from refining. Oil has fluctuated above $50 a barrel since a deal to trim output between the Organization of Petroleum Exporting Countries and 11 other nations took effect on Jan. 1. While OPEC members implement pledged cuts and Russia says its own reductions are ahead of schedule, U.S. production has edged higher as drillers boosted the rig count to the most since October […]