Late rally sends NYMEX crude up $1.20/b

摘要

New York—NYMEX May crude futures settled$1.20 higher at $107.27/b March 21, sup-ported by an unexpected draw in US crudestocks last week.April heating oil settled 2.05 cents lowerat $3.2162/gal and April RBOB slipped 60points to $3.3571/gal. ICE May Brent settled8 cents higher at $124.20/b.US crude stocks fell 1.162 million bar-rels the week ended March 16 as importsdeclined, even as refiners cut utilizationrates and petroleum demand softened, datareleased March 21 by the US Energy Informa-tion Administration showed.