LONDON, June 26 (Reuters) - Oil steadied on Wednesday close to the highest level in almost two months, driven by forecasts of an eventual inventory drawdown during the third quarter and risks related to the Middle East conflict. The American Petroleum Institute (API) on Tuesday reported U.S. crude oil stocks rose by 914,000 barrels, market sources said. Still, analysts expect...

(Updates at 0827 GMT) By Samuel Indyk and Ankur Banerjee LONDON, June 26 (Reuters) - European stock markets were higher on Wednesday as the market braced for a French election and a key U.S. inflation reading, while the yen lurked just shy of 160 per dollar level, keeping traders on alert for possible intervention. Risk sentiment in Europe was broadly...

LONDON (Reuters) - European stock markets were higher on Wednesday as the market braced for a French election and a key U.S. inflation reading, while the yen lurked just shy of 160 per dollar level, keeping traders on alert for possible intervention. Risk sentiment in Europe was broadly positive after a rebound in Nvidia shares on Tuesday, following three straight...

LONDON (Reuters) -Oil steadied on Wednesday close to the highest level in almost two months, driven by forecasts of an eventual inventory drawdown during the third quarter and risks related to the Middle East conflict. The American Petroleum Institute (API) on Tuesday reported U.S. crude oil stocks rose by 914,000 barrels, market sources said. Still, analysts expect them to decline...