March crude settled $1.47 lower at $46.31/b Thursday after US Energy Information Administration data showed a 10.1-million-barrel increase last week in US commercial crude stocks. A weaker euro pushed ICE March Brent 51 cents lower at $48.52/b. NYMEX refined products ended mixed. Prompt ULSD settled down 85 points at $1.6379/b, while March RBOB closed 53 points higher at $1.3308/gal. A combination of strong crude production and a drop in refinery runs pushed crude inventories higher. Analysts surveyed Tuesday expected crude stocks to have increased only 2.5 million barrels. Article continues below… Oilgram Price Report is a daily report that covers market changes, market fundamentals and factors driving prices. Oilgram Price Report also brings a vast array of Platts international prices for crude and products, netback tables, and market critical data. The preliminary estimate of weekly crude production was 9.19 million b/d, down […]