LONDON—Oil prices were broadly stable on Wednesday as pressure from a strengthening dollar and crude storage builds was offset by U.S. production cuts caused by Hurricane Ian.
Brent crude futures were up 5 cents, or 0.06 percent, at $86.32 per barrel by 0937 GMT, while U.S. West Texas Intermediate (WTI) crude futures were down 9 cents, or 0.1 percent, at $78.41 per barrel. Both contracts erased earlier falls after rising over 2 percent in the previous session.
