The Hindu Business Line  Apr 5  Comment 
Oil prices rose on Thursday, holding onto a late-session rally the previous day, buoyed by the US government data showing a surprise drawdown in cru
WA Business News  Feb 22  Comment 
Oil prices have risen to two-week highs, boosted by data showing a surprise draw in US crude inventories and also by a drop in the US dollar.
Channel News Asia  Dec 13  Comment 
Oil prices rose in early Asian trade on Wednesday as industry data showed a larger-than-expected drawdown in U.S. crude stockpiles.
WA Business News  Dec 5  Comment 
Oil has edged higher, supported by strong demand, expectations of a drop in US crude inventories and an OPEC-led deal to extend oil output cuts.
Flightglobal  Oct 30  Comment 
Delta Air Lines begins the final chapter in the drawdown of its international Boeing 747-400 fleet today, with the introduction of the Airbus A350-900.
Channel News Asia  Sep 20  Comment 
The U.S. Federal Reserve left interest rates unchanged on Wednesday but signaled it still expects one more increase by the end of the year despite recent weak inflation readings.
WA Business News  Aug 22  Comment 
Oil has inched up, lifted by expectations of another crude stockpile drawdown in the United States but price gains were limited amid the reopening of Libya's largest oil field.



Reduction in account equity from a trade or series of trades. [1] A temporary reduction or decrease in a an upward trend. [2] Once you accept the concept that all energy, seasons, business, moves in cycles, you can see the drawdown as the trough between one peak and the next. A drawdown is usually quoted as the percentage between the peak and the trough. [3]

For example the data going back to 1994 shows a cycle pattern, with five major drawdown periods, five recovery periods, and four run-up periods. The average time between major drawdown lows was about 3.5 years, two years of nice returns followed by a year and a half of flat to down. [4]

c.1900 from draw + down of wells. [5]


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