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A sharp drawdown of troops is one of many options Mr. Obama is considering.
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A Pentagon official who supports a sharp drawdown described the steep troop reductions as "what we're shooting for, our initial goal".
February crude futures were up 0.3 percent at $74.64 per barrel after data showed a sharp drawdown in U.S. crude stockpiles.
"It was a very sharp drawdown that should pave the way for a better recovery down the road," said Kathleen Stephansen, director of economic research for Credit Suisse First Boston.
A classic example is the debate over when we're due for a market correction (a drawdown of at least 10 percent) or a bear market (a drawdown of 20 percent or more).
There is a sharp intake of breath.
This is a sharp change of attitude.
Finkelstein is a sharp critic of Israel.
"He had a sharp sense of humor.
A sharp pair of scissors.
"On a more positive note, the very sharp falls in industrial output in Sweden have entailed a significant drawdown of inventories," said Varun Bhabha, an analyst at Barclays Capital.
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CEO of Professional Science Editing for Scientists @ prosciediting.com