New York—NYMEX July crude Tuesday settled 24 cents lower at $104.11/b as analysts factored in an expected build in US commercial crude stocks last week. ICE July Brent settled 30 cents lower at $110.02/b. NYMEX products were down as well, led by June RBOB, which fell 2.83 cents to settle at $2.9952/gal. June ULSD settled 1.5 cents lower at $2.9399/gal. A Platts survey of oil analysts showed US commercial crude stocks likely rose 1 million barrels last week. A larger build would likely be offset by higher crude runs at US refineries, according to analysts.
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