Crude-oil futures were mixed in Asian trade Wednesday, with the U.S. oil benchmark supported by an expected drop in weekly oil stockpiles, while Iraq concerns still linger. On the New York Mercantile Exchange, light, sweet crude futures for delivery in July traded at $106.52 a barrel at 0608 GMT, up $0.16 in the Globex electronic session. August Brent crude on London’s ICE Futures exchange fell $0.20 to $113.25 a barrel. Late Tuesday, the American Petroleum Institute, a trade body, said its data showed a 5.7-million-barrel drop in U.S. crude stocks for the week ended June 13. The more definitive survey data from the U.S. Energy Information Administration is due later Wednesday and analysts expect oil inventories to have fallen by 1.1 million barrels. “Geopolitical risks to supply remain the key support for Brent crude oil, with ongoing tensions along Ukraine’s eastern border and the instability in Iraq making supplies […]