Crude prices outside the US have steadied as stronger demand balances continuing oversupply, but North American crude is weaker as stockdraws have slowed. US crude benchmark WTI fell by $2.43/bl to $42.23/bl in the week to 13 August, its lowest since March 2009, but Atlantic basin benchmark North Sea Dated was little changed. US stocks fell, but the draw was mostly on the Gulf coast, and the pace of the inventory draw at the WTI pricing hub of Cushing, Oklahoma, slowed.
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