Oil prices dipped in see-saw trade on Wednesday, hitting their highest in more than two years and then retreating after weekly U.S. government inventory data showed the latest crude stock draw was not as big as an industry trade group had reported. An oil pump jack is seen at sunset in a field outside Scheibenhard, near Strasbourg, France, October 6, 2017. REUTERS/Christian Hartmann While oil settled lower, both global marker Brent LCOc1 and U.S. crude CLc1 benchmarks remained near the highest levels since July 2015, as lower global supply pushed markets higher. “The market had a bit of a pull back today…prompted by a bit of profit taking,” said Gene McGillian, manager of market research at Tradition Energy in Stamford, Connecticut. “But, overall, the idea that the (OPEC) production cut will extend through 2018 and increased demand is tightening the supply balance and driving us […]