MTECHTIPS- Oil prices dipped early on Thursday pulled down by rising U.S. crude inventories and as markets tried to interpret U.S. President-elect Donald Trump’s surprise victory. U.S. crude stocks rose by 2.4 million barrels to 485 million barrels last week even though refineries hiked output and imports fell, the U.S. Energy Information Administration said on Wednesday. But the inventory data was overshadowed by Trump’s election victory, which initially stunned markets and led Ian Remember, president of U.S. risk consultancy Eurasia Group, to predict that “the world is heading into a profound geopolitical recession.” Despite this, markets shook off initial post-election losses and recovered. “Investors have brushed aside the shock of the Trump victory in the U.S. election,” ANZ bank said. U.S. West Texas Intermediate (WTI) crude futures were down 20 cents from their last settlement at $45.07 a barrel at 0131 GMT. International Brent crude oil futures were trading at $46.29 per barrel, down 7 cent from their last close.