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Oil prices mixed after OPEC expects higher demand, U.S. stockpile rise

Reuters  |  TOKYO 

TOKYO (Reuters) - Oil prices were mixed early on Wednesday, but largely held on to gains in the previous session after OPEC said it expected higher demand for its crude next year.U.S. crude stockpiles rose more than expected last week in the wake of Hurricane Harvey, according to an industry report, although analysts have warned stocks data may not give a full picture in coming weeks because of weather disruptions.U.S. West Texas Intermediate (WTI) was trading up 6 cents, or 0.1 percent, at $48.29 a barrel at 0035 GMT after rising 0.3 percent on Tuesday.International benchmark Brent crude ...

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First Published: Wed, September 13 2017. 06:22 IST