Crude futures climbed, trading solidly above the $59-a-barrel mark as traders continued to digest the latest U.S. petroleum inventory reports -- pitting strong demand against a tenth-weekly climb in distillate inventories. "Traders are mostly recycling old arguments, touting the worry about supplies for later this year but without much conviction or price impact," said Tim Evans, an analyst at IFR Markets, in a note to clients. September crude is up 29 cents at $59.40 a barrel