Brent crude futures eased 27 cents, or 0.4%, to $74.01 a barrel by 0019 GMT. U.S. West Texas Intermediate crude was at $69.13 a barrel, down 29 cents, or 0.4%.
U.S. crude oil stocks rose by about 1 million barrels in the week ended June 9, according to market sources citing American Petroleum Institute figures on Tuesday, contrary to the average estimate for a 510,000 million barrel decline according to analysts polled by Reuters.Market participants were also closely watching a, which has no pre-determined interest rate hike on the table. Rate hikes strengthen the dollar, making commodities denominated in the U.S.
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