Oil prices edged off earlier gains to end Tuesday nearly unchanged, as the support from OPEC’s plan to limit production were undercut by an energy watchdog’s assessment of how much those nations are currently producing.
Prices dipped in after-hours trading when the American Petroleum Institute said late Tuesday that crude stocks rose by 4.7 million barrels, compared with an expected draw of 1.6 million barrels.
On Wednesday, traders will see if the surprise build is confirmed by weekly figures released by the U.S. Energy Department.
