Gold prices gain in Asia as investors await more Greece debt news

Crude oil prices fell in Asia on Wednesday after U.S. industry group data showed a solid build last week, including for refined products.

The American Petroleum Institute said that U.S. crude stocks jumped 1.875 million barrels last week, while distillates rose 263,000 barrels and gasoline supplies gained 334,000 barrels.

Later Wednesday, the U.S.Department of Energy will release its more closely-watched figures.

On the New York Mercantile Exchange, WTI crude for August delivery eased 0.09% to $58.11 a barrel.

News the Greece had formally missed a debt payment to the IF was accompanied by a request for an extension.

The International Monetary Fund issued the following release on Wednesday in Asia regarding Greece's missed June 30 payment to the Fund.

Mr. Gerry Rice, Director of Communications at the International Monetary Fund (IMF), made the following statement today regarding Greece's financial obligations to the IMF due today: