Prices down on slow pace of stockdraw

摘要

1. Crude prices fell on signs that stocks remain stubbornly high, although the first draw in US inventories in 10 weeks stemmed the decline to some extent. Atlantic basin benchmark North Sea Dated shed 27￠/bl to $50.46/bl in the week to 16 March, while US marker WTI fell by 53￠/bl to $48.75/bl.