Crude oil futures remained stable during mid-afternoon trade Tuesday as market participants eye fresh cues amid expectations of higher US crude stocks in a still-bullish market scenario. At 2:15 pm Singapore time (0615 GMT), the June ICE Brent crude futures were down 13 cents/b (0.18%) from Monday’s settle at $70.97/b, while the NYMEX May light sweet crude contract dipped 2 cents/b (0.03%) to $64.38/b. According to a survey conducted by S&P Global Platts Monday, US crude stocks were expected to climb roughly 2.8 million barrels to 452.02 million barrels, about on par with the US Energy Information Administration’s five-year average. Meanwhile, gasoline and distillate stocks were expected to decline by 1.9 million barrels and a 1.5 million barrels, respectively, the survey showed. “Despite the factors boosting prices, there are still factors that could bring oil […]