Crude-oil futures remained supported in Asia Wednesday amid twin expectations of a fall in crude supplies in the U.S. and the Organisation of Petroleum Exporting Countries keeping its supply quota unchanged. On the New York Mercantile Exchange, light, sweet crude futures for delivery in July traded at $104.48 a barrel at 0505 GMT, up $0.13 in the Globex electronic session. July Brent crude on London’s ICE Futures exchange rose $0.22 to $109.74 a barrel. The U.S. Energy Information Administration will publish its closely watched inventory survey, which is due at 1430 GMT. Analysts expect the EIA to report that supplies fell by 1.7 million barrels in the week ended June 6, according to a survey by The Wall Street Journal. Expectations that crude supplies in the U.S. declined in the week to June 6 remains the key fundamental support for prices, Timothy Evans, energy futures specialist at Citigroup, said […]