* MasterCard: July 4 holiday week gasoline demand down

* U.S. data expected to show fuel supplies up, crude down

NEW YORK, July 14 (Reuters) - U.S. crude oil futures
settled lower on Tuesday after seesawing as concerns about
consumer demand helped pull prices off a peak reached earlier
amid optimism reflected in a global equities rally.

"When prices move higher and some enthusiasm or confidence
over improving demand is cited, I remain very, very skeptical,"
said Mike Fitzpatrick, vice president at MF Global in New
York.

"When the 'wealth effect' disappears and the savings rate
goes from negative to positive, that suggests to me consumers
are still stunned and not about to return to their erstwhile
profligacy any time soon," Fitzpatrick added.

Oil traders will be eyeing this week's oil inventory data
expected to show supply fuel builds, especially in distillate
stocks, with heating oil crack spreads already under pressure.

PRICES

* On the New York Mercantile Exchange, August crude CLQ9
fell 17 cents, or 0.28 percent, to settle at $59.52 a barrel,
trading from $59.15 to $61.46.

* Tuesday's settlement was lowest since crude ended at
$59.03 on May 18. Monday's $58.32 intraday low was the lowest
since prices fell to $56.12, also on May 18.

* NYMEX August crude oil options expire Thursday.

* In London, August Brent crude LCOQ9 managed to finish
higher, rising 17 cents to settle at $60.86 a barrel, trading
from $60.48 to $62.26. August Brent contract expires Thursday.

* NYMEX August RBOB RBQ9 rose 0.72 cent, or 0.44 percent,
to settle at $1.6466 a gallon, trading from $1.6359 to
$1.6710.

* NYMEX August heating oil HOQ9 rose 0.81 cent, or 0.54
percent, to settle at $1.5119 a gallon, trading from $1.4962 to
$1.5409.

* The August/August RBOB crack spread <0#RB-CL=R> ended at
$9.64 after ending at $9.16 Monday. The August/August heating
oil crack spread <0#CL-HO=R> ended at $3.98 after ending at
$3.46 Monday.

* The spread between the current front month and the
five-year forward crude contract CLc61 ended at $19.11, based
on the August 2014 contract Tuesday settlement at $78.63. The
spread ended Monday at $19.00.

TECHNICALS

NYMEX crude 10-day/20-day moving average: $63.35/$66.58

Technical support/resistance:

NYMEX crude: $58.32/$60.85

NYMEX heating oil: $1.5030/$1.5520

NYMEX RBOB: $1.6050/$1.7010

For a full report on technicals, click on [ID:nLE395609]

MARKETS

* U.S. stocks were stuck in a narrow range as positive
corporate results were tempered by concern that consumer demand
remains weak. [.N]

* MasterCard SpendingPulse said gasoline demand in the July
Fourth holiday week ending July 10, dropped 4.3 percent from
year-ago to about 9 million barrels per day. [ID:nNYS005233]

* U.S. crude oil inventories were expected to have fallen
last week, with refined products supplies higher, according to
a Reuters analyst survey on Tuesday. [EIA/S]

* Developed countries are expected to lose nearly 30
million jobs from the end of 2007 through 2010, the Secretary
General of the OECD said on Tuesday. [ID:nSPG002413]
(Reporting by Robert Gibbons; Editing by Walter Bagley)