NYMEX-Crude turns lower on demand worries

* EIA data confirms industry report on crude draw

* OPEC revises 2009 oil demand forecast lower

* US retail sales lower in April, dollar rallies

NEW YORK, May 13 (Reuters) - U.S. crude futures fell back
Wednesday afternoon as demand worries resurfaced, even though
government inventory data showed a surprise steep drawdown in
domestic crude stocks.

The market also was worried about a monthly forecast by the
Organization of Petroleum Exporting Countries that demand would
decline even more than expected in 2009.

Gasoline futures fell, tracking crude, despite data showing
a big drop in gasoline supplies last week.

Heating oil futures slid as traders factored in data on
distillate stocks, which include heating oil and diesel.

"While the headline numbers on the EIAs show a bullish drop
in crude supplies, the oil market may be reacting more to the
bearish aspects of the report, and that is, demand is still
weak," said Andy Lebow, broker at MF Global in New York.

"Traders may be also be focusing on the OPEC's lower demand
forecast," he added.

Lebow and other traders also cited downward pull exerted by
Wall Street, which slumped after U.S. retail sales data came
in weaker than expected, blurring the economy outlook. [.N]

The U.S. dollar rebounded on the retail sales data, which
rekindled demand for the greenback as a safe have. [USD/]

PRICES

* On the New York Mercantile Exchange at 1:35 p.m. EDT
(1735 GMT), June crude CLM9 was down 81 cents, or 1.38
percent, at $58.04 a barrel, trading from $57.92 to $59.90.
Tuesday's $60.08 intraday peak was the highest since $62.28 on
Nov. 11.

* In London, June Brent crude LCOM9 was down 69 cents, or
1.19 percent, at $57.25 a barrel, trading from $57.17 to
$59.05.

* NYMEX June RBOB RBM9 was down 0.15 cent, or 0.09
percent, at $1.6664 a gallon, trading from $1.6635 to $1.7125,
the highest since prices hit $1.75 on Oct. 21.

* NYMEX June heating oil HOM9 was down 2.45 cents, or
1.63 percent, at $1.4825 a gallon, trading from $1.4792 to
$1.5368.

* The June/June RBOB crack spread <0#RB-CL=R> was at
$11.95, after ending at $11.20 on Tuesday. The June/June
heating oil crack spread <0#CL-HO=R> was at $4.23, after ending
at $4.44 on Tuesday.

* The spread between the current front month and the
five-year forward crude contract CLc61 was at $18.21, based
on the June 2014 contract settlement on Tuesday at $76.25. The
spread ended at $17.40 on Tuesday.

TECHNICALS

NYMEX crude 10-day/20-day moving average: $56.14/$52.76

Technical support/resistance:

NYMEX crude: $58.00/$60.08

NYMEX heating oil: $1.45/$1.55

NYMEX RBOB: $1.60/1.7095

For a report on technicals click [ID:nLD832800]

MARKET NEWS

* The EIA said U.S. crude stocks fell 4.7 million barrels,
to 370.6 million barrels last week, against the forecast in a
Reuters poll for a 1.4 million barrel build. [EIA/S]

* Crude stored at the Cushing, Oklahoma, delivery point for
NYMEX-traded oil dropped 1.0 million barrels to 28.8 million
barrels.

* Gasoline supplies fell 4.1 million barrels to 208.3
million barrels, against the forecast for a 100,000-barrel
build. Distillate stocks rose 1.0 million barrels to 147.5
million barrels, below the forecast for a rise of 1.3 million
barrels.

* Refinery utilization dropped 1.6 percentage points to
83.7 percent of capacity, after a sharp increase in the prior
week, against the forecast for an 0.1 percentage point rise.

* The API said Tuesday crude stocks fell 3.1 million to
370.7 million barrels. Gasoline stocks declined 2.0 million
barrels and distillates dropped 1.8 million barrels. [API/S]

* Sales at U.S. retailers fell a second straight month in
April, pulled down by sluggish gasoline and electronic goods,
government data showed. [ID:nN13384420]

* OPEC said in its Monthly Oil Market Report that demand
would drop by 1.57 million barrels per day in 2009, versus its
previous forecast for a 1.37 million bpd drop. [ID:nLD88886]
(Reporting by Gene Ramos and Robert Gibbons; Editing by David
Gregorio)