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U.S. crude holds loss, Brent turns lower after EIA

Published 09/14/2011, 10:48 AM
Updated 09/14/2011, 10:52 AM

NEW YORK, Sept 14 (Reuters) - U.S. crude futures stayed down and Brent turned lower in choppy trading on Wednesday after a government report showed a bigger-than-expected drop in domestic crude stocks but rises in refined products inventories.

For more on the oil inventory report from the U.S. Energy Information Administration, click [EIA/S].

ICE Brent October crude fell 29 cents to $111.60 a barrel by 10:45 a.m. (1445 GMT), having traded from $111.10 to $112.70. Prices were up about 22 cents ahead of the data.

On the New York Mercantile Exchange, October crude was down $1.39 at $88.82 a barrel, trading from $88.53 to $90.25. Prices were down about $1.14 ahead of the report. (Reporting by Robert Gibbons; Editing by John Picinich)

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