User blog:Ripplesadvisory/Today's Crude Market Up Date By Ripples Advisory

  Crude futures pulled back from 2016 highs early on Thursday as traders locked in profits after April's sharp rally, but analysts said falling U.S. production and strong investor appetite could push prices higher.

  International Brent crude futures were trading at $47.02 per barrel at 0045 GMT, down 16 cents from their last settlement, and U.S. West Texas Intermediate (WTI) futures were down 12 cents at $45.21 a barrel.

  U.S.      crude stocks climbed 2 million barrels last week to an all-time peak of        540.6 million barrels, traders said. U.S. crude futures were down 0.2 percent in early Asian trading at $45.17 a barrel, after hitting their 2016 high of $45.62 following the Fed's decision. Brent also rose to the highest for this year at $47.45, but shed 0.3 percent in Asian trade to $47.04.

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