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Later in the day, investors will be monitoring fresh information on U.S. stockpiles of crude and refined products. Data for the week ending July 20 is expected to show draws of 250,000 barrels in crude oil stocks and of 750,000 barrels in gasoline stocks, according to a survey of analysts by Platts, the energy information arm of McGraw-Hill Cos. The American Petroleum Institute will release its report on oil stocks later Tuesday, while the report from the Energy Department's Energy Information Administration
-- the market benchmark -- will be out on Wednesday. Brent crude was down 22 cents at $103.04 a barrel on the ICE futures exchange in London. In other futures trading, heating oil down 0.8 cents at $2.81 a gallon. Gasoline fell 3 cents to $2.85 a gallon and natural gas fell 1.2 cents to $3.11 per 1,000 cubic feet.
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