Oil Wednesday recovered from sharp losses after Donald Trump's surprise win in the U.S. presidential race. U.S. crude was down 5 cents, or 0.11%, at $44.91 at 07:15 ET, off an intraday low of $43.10. Brent crude for January delivery was down 0.35% at $45.88 after falling to as low as $44.41. American Petroleum Institute (API) weekly figures Tuesday showed a build-up of 4.4 million barrels in U.S. crude stocks. Official Energy Information Administration (EIA) figures are due for release later Wednesday. The jury is still out on whether OPEC will be able to deliver a planned cut in output to 32.5-33 million barrels a day. OPEC is due to hold a formal meeting in Vienna at the end of this month. Trump’s victory pushed the dollar sharply lower. The dollar index later pared losses to trade down 0.3%. A weaker dollar underpins demand for oil