NYMEX-Crude steady near $76 ahead of EIA stockpile data

                                
 TOKYO, Nov 25 (Reuters) - U.S. crude futures hovered just
under $76 a barrel on Wednesday, after falling 2 percent the
previous day, ahead of a government report on U.S. oil stocks and
after an earlier industry report showed a big build in crude
inventories.
                                
 FUNDAMENTALS
                                
 * NYMEX crude for January delivery <CLc1> was down 8 cents at
$75.94 a barrel by 0028 GMT, after settling down $1.54 on
Tuesday, following data showing the U.S. economy grew at a
slower-than-expected pace last quarter, which could hurt crude
demand. [ID:nSIN460213]
                                
 * U.S crude oil stocks grew 3.3 million barrels in the week
to Nov. 20, the American Petroleum Institute trade group said
after Tuesday's close, eclipsing forecasts of a 1.2-million
barrel build from analysts polled by Reuters this week. [API/S]
                                
 The U.S. government's Energy Information Administration (EIA)
will release its own weekly oil statistics later on Wednesday.
[EIA/S]
                                
 * The U.S. economy grew more slowly than first thought in the
third quarter, an estimate published on Tuesday showed, but a
fifth month of gains in house prices in September and an
improvement in consumer morale signalled the anemic recovery was
intact. [ID:nN24296971]
                                
 MARKETS NEWS
                                
 * Japan's Nikkei stock average slipped 0.4 percent on
Wednesday, hitting a fresh four-month low, with banks dragging it
lower. [.T]
                                
 * The dollar fell to a six-week low against the yen on
Tuesday after a mixed bag of U.S. data kept worries about an
economic recovery alive, enhancing the appeal of the Japanese
currency. [FRX/]
                                
 * The 19-commodity Reuters-Jefferies CRB index <.CRB>, which
tracks 19 mostly U.S.-traded futures markets, fell 1.0 percent on
Tuesday as commodities dropped broadly with forecasts for
slower-than-expected U.S. growth prompting investors to trim
risks. [COM/WRAP]
                                
 DATA/EVENTS
                                
 * The following data is expected on Wednesday:
                                
 - U.S. Durable Goods for October                   (1330 GMT)
                                
 - Weekly U.S. Jobless Claims                       (1330 GMT)
                                
 - U.S. New Home Sales for October                  (1500 GMT)
                                
 - U.S. ECRI Weekly Economic Index                  (1530 GMT)
                                
 - EIA Weekly U.S. Petroleum Stocks and Output Data (1530 GMT)
                                
 RELATED NEWS
> US FDIC fund falls into red, Bair urges lending    [nN24304482]
> World oil demand growth to outpace supply in 2010  [nGEE5AN0LQ]
> U.S. oil refinery rates seen below normal thru Jan [nN24304750]
> Iran says needs guarantees to send uranium abroad  [nHAF426417]
                                
 PRICES
 Oil prices as of 0028 GMT          
 Contract Mnth    Price  Change  Day ago     pct     MA-20*
 NYMEX Contracts
 US Crude JAN0   $75.94   -0.08   -$1.54  -1.99%     $78.30
 Heat Oil DEC9   194.79   -0.18    -3.02  -1.53%     202.36
 RBOB     DEC9   193.30   -0.60    -4.04  -2.04%     197.72
 Natgas   JAN0   $4.779  +0.013  -$0.025  -0.52%     $4.588
 ICE Contracts
 Brent    JAN0      n/a           -$1.00  -1.29%     $77.36
 Gasoil   DEC9      n/a          -$26.50  -4.22%    $625.75
 Note: U.S. heating oil and RBOB gasoline contracts listed in
cents per gallon.
 * = 20-day moving average for continuation month.
 (Reporting by James Topham; Editing by Joseph Radford)
 ((james.topham@thomsonreuters.com; +813 6441 1858; Reuters
Messaging: james.topham.reuters.com@reuters.net))
 ((If you have a query or comment on this story, send an email to
news.feedback.asia@thomsonreuters.com))
                                
                   RECENT CRUDE OIL TRADES
                                
 Asia...[ACRU/T]      Europe...[CRU/T]    Americas...[CRU/TU]
                                
                    CRUDE OIL MARKET NEWS
                                
 Crude oil tenders in Asia.........[CRU/TENDA]
                                
 Crude oil supply outages in Asia............[CRU/OUT-ASIA-O]
                                
 Refinery outages in Asia.....[REF/OUT-ASIA-O]
                                
 Global arbitrage news and flows..[O/CRUDEARB]
                                
 W.African crude imports to Asia, monthly........[O/WAFRICA1]
                                
                 REFINERY MAINTENANCE DIARIES
                                
 Asia...[REF/A]     Middle East...[REF/ME]   Europe...[REF/E]
                                
                    NATIONAL CRUDE IMPORT DATA
                                
 Japan..............<METI/JP1>   China..............[O/CHINA1]
                                
 India..............[O/INDIA2]   S.Korea............[O/KOREA1]
                                
 Indonesia.......[O/INDO1-CRU]  
                                
                    CRUDE OIL INVENTORY DATA
                                
 Japan...[O/JAPAN1]     US...[EIA/S]     Europe...[O/EUROIL1]
                                
                 CRUDE OIL PRODUCTION/OILFIELD NEWS
                                
 OPEC output survey...[OPEC/O]   New Asian fields...[ASIA/NEW]
                                
 New Africa fields...[AFR/NEW]   New Europe fields..[NSEA/NEW]
                                
 New Americas fields..[AM/NEW]   New projects.....[ENERGY/NEW]
                                
                    CRUDE OIL MARKET REPORTS
                                
 Middle East...........[CRU/M]   Asia-Pacific........[CRU/AP]
                                
 West Africa.........[CRU/WAF]   North Sea............[CRU/E]
                                
 Asia outlook.......[ASIA/CRU]   Europe outlook.....[EUR/CRU]
                                
 Global futures report...[O/R]   Technicals report......[O/I]
                                
                         PRICES
                                
 For all Official Selling Prices.......[OSP/O]
                                
 For a POLL on oil prices.............[O/POLL]
                                
 NYMEX and ICE oil futures............<OILOIL>
                                
 TOCOM crude oil futures..............<0#JCO:>
                                
 Dubai, Oman swaps and spread...............<ASIA/SWAP/CRUDE>
                                
 Middle East physical crude diffs...............<CRUDE/ASIA2>
                                
 Australia physical crude, Tapis swaps..........<CRUDE/ASIA1>
                                
 Asia-Pacific physical crude.....<CRUDE/ASIA3>
                                
 All Asian crude oil differentials.<0#C-DIF-A>
                                
 All Asian crude oil outright prices...<0#C-A>