(Reuters) -Oil prices were little changed on Wednesday despite a large drawdown in U.S. crude oil stocks as investors weighed worries about China’s embattled economy against expectations of tighter supply in the United States.
Brent crude futures edged up 6 cents to $84.95 a barrel by 11:35 a.m. EDT (1535 GMT), while U.S. West Texas Intermediate crude (WTI) fell 2 cents higher to $80.97 a barrel.
Both benchmarks fell more than 1% in the previous session to their lowest since Aug. 8.