Oil prices were almost flat in early trading on Wednesday, offset by signs of shrinking U.S. supplies after economic data weakened the outlook for energy demand.
Brent crude futures rose two years to $88.09 a barrel, while U.S. West Texas Intermediate crude futures fell 5 cents to $83.69 a barrel.
Record prices fell in each of the previous three sessions, while American Petroleum Institute figures showed U.S. crude supplies fell by about 2.7 million barrels in the week ended Oct. 20.
Source (Al-Arabiya.net Website, Edited)
