Crude Oil Steady Ahead of Inventory Report

Crude oil was trading laterally early in Wednesday's session at the New York Mercantile Exchange, with market participants apparently content on lying low until the Energy Information Administration releases this week's report on petroleum storage levels.

West Texas crude was down a hair at $140.87 a barrel, and Brent crude was adding 14 cents at $140.81. Reformulated gasoline and heating oil have both moved less than a penny.

Natural gas is showing slightly more activity, at last check gaining 9 cents at $13.59 per million British thermal units. ...