Oil prices wavered Wednesday as U.S. crude data came in mixed.
U.S. crude production lost 40,000 barrels to 9.096 million barrels a day last week, according to the weekly report issued by the Energy Information Administration (EIA) Wednesday.
U.S. crude supplies of last week unexpected gained 3.9 million barrels to 457.9 million barrels, 96 million barrels more than one year before. Inventories at Cushing, Oklahoma, the delivery point for the U. S. contract, lost 1 million barrels to 53 million barrels.
The EIA projected in an early report that U.S. crude oil production averages 9.2 million barrels per day in 2015 and 8.8 million barrels per day in 2016.
The West Texas Intermediate for November delivery moved down 14 cents to settle at 45.09 dollars a barrel on the New York Mercantile Exchange, while Brent crude for November delivery increased 14 cents to close at 48.37 dollars a barrel on the London ICE Future Exchange.
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