U.S. oil prices dip on rising crude inventories, as U.S. polls start closing

By Henning Gloystein SINGAPORE (Reuters) - U.S. oil prices dipped early on Wednesday, weighed by a report of rising crude inventories, but trading was timid as the market was watching the first key U.S. exit polls being released. U.S. West Texas Intermediate (WTI) crude oil futures were trading at $44.81 per barrel at 0011 GMT, down 17 cents from their last settlement. Traders said volumes were low as the market observed U.S. presidential election exit polls coming out from 0000 GMT.