London (Platts)--27Apr2010/605 am EDT/1005 GMT

Global crude futures were around $1/barrel lower in the European morning trading session Tuesday.

At 10:35 BST (09:35 GMT), the June ICE Brent contract was trading 84 cents lower at $85.98/b and the June NYMEX sweet crude contract was trading $1.07 lower at $83.13/b.

A slightly stronger dollar and expectations of greater stocks in the US were weighing on global crude prices, one London-based broker said.

"The reason WTI is so weak compared with other crudes is because of high stocks in Cushing," he added.

The contango between June and July ICE Brent stood at 88 cents/b, however notably the same monthly spread on the NYMEX sweet crude contract was $2.46/b.

The dollar was up slightly, trading at $1.3345 against the single European currency.

The FTSE 100 in London was down 0.55%, trading 31 points lower at 5,722.

The expected build in stocks was echoed by analyst Olivier Jakob in his daily report for Petromatrix.

"With the wide WTI contango we expect the weekly statistics [from the American Petroleum Institute and the US Department of Energy] to show a further build of crude oil in Cushing," Jakob said.

The weekly API statistics are due to be released later Tuesday, with the Department of Energy statistics to follow on Wednesday.

Analysts polled by Platts Monday said that this week's API and US Energy Information Administration petroleum data should show a commercial crude stock build of 1.4 million barrels for the week ending April 16.

--Daniel Colover, daniel_colover@platts.com