Oil mixed as traders cash in on low prices over demand fears ...Middle East

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ISTANBUL: Oil prices were mixed on Wednesday after traders took advantage of profit-taking from Tuesday’s low prices over demand fears in the world’s largest consumers, the US and China, reported Anadolu.International benchmark crude Brent traded at US$81.72 per barrel at 10.09 am local time (0709 GMT), a 0.13 per cent rise from the closing price of US$81.61 a barrel in the previous trading session on Tuesday.The American benchmark West Texas Intermediate (WTI) traded at the same time at US$77.32 per barrel, down 0.06 per cent from Tuesday’s close of US$77.37 per barrel.The American Petroleum Institute’s (API) announcement on Tuesday of an estimated rise in US crude oil stockpiles of 11.9 mi

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