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Oil prices mixed as U.S. stockpile rise takes shine off OPEC higher demand view

Reuters  |  TOKYO 

By Aaron SheldrickTOKYO (Reuters) - Oil prices were mixed on Wednesday, dampened by reports of rising U.S. crude stockpiles but retaining some of the gains made in the previous session after OPEC said it expected higher demand for its crude next year.U.S. West Texas Intermediate (WTI) was unchanged at $48.23 a barrel at around 0359 GMT after rising earlier in the day. The contract rose 0.3 percent on Tuesday.International benchmark Brent crude was down 13 cents, or 0.2 percent, at $54.14 a barrel, having settled up 0.8 percent in the previous session.The difference between Brent and WTI, ...

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First Published: Wed, September 13 2017. 12:24 IST