Oil prices were trading relatively flat in early Asian trading on Wednesday, following losses in the previous session as traders weighed signs of slowing U.S. demand and awaited inventory data from the EIA. At the time of writing, WTI Crude was down 0.17% at $63.06 per barrel, while Brent Crude had slipped 0.09% to $66.06. The modest moves come after the American Petroleum Institute reported a 1.52 million barrel increase in U.S. crude stocks, suggesting that the peak summer driving season is winding down. Gasoline inventories fell, but distillates…
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