Crude oil futures were largely steady in mid-morning trade in Asia July 30, as a sharp uptick in global coronavirus cases overrode a deep decline in US inventory stocks. Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 10:30 am Singapore time (0230 GMT), ICE Brent September crude futures was up 5 cents/b (0.11%) from the July 29 settle at $43.80/b, while NYMEX September light sweet crude contract was up by 5 cents/b (0.12%) at $41.32/b. US crude oil inventories fell sharply during the week ended July 24 as exports and refinery demand climbed to multi-month highs, US Energy Information Administration data showed July 29. However, total gasoline stocks climbed 650,000 barrels to 247.39 million barrels, pushing inventories to 7.9% above the five-year average while nationwide distillate inventories were also up 500,000 barrels at 178.39 million barrels, about 26% above the […]