Crude oil futures were steady during the mid-morning trade in Asia June 24 on unchanged fundamentals, with the US Energy Information Administration’s report of a draw in US crude inventories coming in line with earlier data released by the American Petroleum Institute. Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 10:14 am Singapore time (0214 GMT), the ICE August Brent futures contract was down 4 cents/b (0.05%) from the previous settle at $75.15/b while the NYMEX August light sweet crude contract was down 3 cents/b (0.04%) at $73.05/b. EIA data released late June 23 showed US crude inventories falling by 7.61 million barrels to 459.06 million barrels in the week ended June 18. The draw, however, did not spur a rally during Asian trading, as it offered little new information, merely corroborating the American Petroleum Institute’s earlier report of a 7.2 million-barrel […]