Oil prices were mixed at Wednesday's opening, after prices gained on Tuesday with a large drawdown in U.S. crude stocks.
International benchmark Brent crude was trading at $62.81 per barrel at 0612 GMT on Wednesday for a 0.17% gain after it closed Tuesday at $62.70 a barrel.
American benchmark West Texas Intermediate, on the other hand, was trading with a 0.24% loss at $57.81 a barrel after ending the previous session at $57.95 per barrel.
American Petroleum Institute (API) reported late Tuesday that U.S. crude oil inventories decreased by 7.2 million barrels for the week ending Sept. 5, much higher than the market expectations of a 2.6 million barrel withdrawal.
The large decline in API's data, which is viewed as an early indicator of weekly U.S. crude stock levels, pushed crude oil prices higher on Tuesday as Brent gained 0.18% and WTI increased 0.17%.
By Ovunc Kutlu