NYMEX-U.S. crude steady above $104; draw in stockpiles expected

http - July 21st, 2014

U.S. crude held steady above $104 a barrel in early Asian trade on Tuesday, with worries over escalating geopolitical tension balanced by expectations of large draws in U.S. oil stockpiles. * U.S. commercial crude oil inventories are likely to have dropped in the week to July 18, while product stockpiles rose, a preliminary Reuters survey of four analysts said on Monday.

* The analysts estimated

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