Reuters | Oil ends down, then jumps on chance of another US crude draw Reuters If the EIA reports another drawdown, "it means we can't take for granted that we're going to be seeing builds for this time of year, even though it's traditionally what we see", said Matt Smith, analyst at Clipperdata, a New York-based firm that tracks ... US oil settles at $48.69 a barrel, down 12 cents, or 0.25% Oil books modest loss ahead of US supply data Oil Prices Near Flat on Skepticism Over OPEC's Efficacy |