World crude oil futures fell on Tuesday ahead of energy stockpiles report, as concerns over supply eased.

Light, sweet crude for August delivery lost 1.41 dollars to 67. 77 dollars a barrel on the New York Mercantile Exchange.

Brent crude for August delivery fell 1.19 dollars to settle at 70.17 dollars a barrel on the ICE Futures exchange in London.

U.S. Energy Department will release its weekly energy report on Wednesday. The analysts expected crude oil inventories will rise further.

Source: Xinhua