* U.S. crude stocks fell more than expected
* IEA to decide on release of more oil stocks in July
* Coming Up: U.S. weekly unemployment claims at 1430 GMT
By Florence Tan
SINGAPORE, June 30 (Reuters) - Brent held above $112 on Thursday buoyed by tighter oil stocks in the United States while Greece passed an austerity plan, moving a step closer to avoiding a sovereign debt default.
Concerns that the International Energy Agency may decide next month to release more oil from strategic reserves capped gains.
ICE Brent crude for August
U.S. August crude
Brent's premium to U.S. light sweet crude stayed wide at
more than $17.
The International Energy Agency has sent a bearish signal to the market by releasing emergency oil stocks in a "fairly well-supplied market", said Ben Westmore, commodities economist at the National Australia Bank.
"The market is still assessing the release of emergency stocks by the IEA," he said. "The IEA has shown that it is ready to step in to meet coverage."
The energy watchdog shocked the oil markets last week when it announced a plan to release 60 million barrels from emergency stockpiles over an initial 30 days to fill the gap in supplies left by the disruption to Libya's output.
The agency could decide whether to repeat the release around the third week of July, Richard Jones, deputy executive director of the IEA, said late on Wednesday.
U.S. STOCKS TIGHTEN
In the United States, oil stocks tightened as crude imports fell while gasoline inventories fell unexpectedly.
U.S. crude stockpiles fell last week for a fourth week, government data showed, dropping 4.4 million barrels, much more than forecast, to 359.5 million barrels. Gasoline inventories declined 1.4 million barrels to 213.2 million barrels, against the forecast for a small increase.
Oil stocks are now 10.86 million barrels below the seasonal peak in the five-year average on May 6, MF Global analysts said in a note.
"That compares to a decline of 6.84 million barrels in the five-year average and reverses a point of fundamental weakness which has been applied to oil prices in recent weeks," they said.
Investors will also be watching the North Atlantic hurricane season more closely than last year when inventories were still high, Westmore said.
"Any sort of disruption would have a bigger impact that a year ago," he said.
(Reporting by Florence Tan; Editing by Ed Lane)