After the break, the game continued in a similar vein, remaining open with both teams enjoying chances.
Liverpool, though, got their levelling goal just before the hour mark through Oliver O’Connor to complete an excellent comeback. The midfielder drove into the box and produced a composed finish at the near post.
Lee Forrester had earlier curled an effort inches past the post, and after parity was restored, Lochhead again went close, this time forcing goalkeeper Bailey Hall into a fine save at full stretch from another corner.
In the closing stages, Wolves stopper Xander Grieves produced two important saves of his own for his side.
First, AJ Yeguo cut in from the left and sent a curler towards goal, only to be denied by a push over the bar from Grieves.
Substitute Finn Inglethorpe then swung a delivery into the box, allowing Lucas Clarke to head down to the near post, though he was also denied by a brilliant save.
Wolves enjoyed two opportunities of their own, Kaream Thomas firing a low drive wide of the mark, ahead of White slipping at the crucial moment as he attempted to finish off a flick-on from a set-piece.
Team
Liverpool U18s: Hall, Conde, Cisse, Clarke, Powney Wain, Murray-Holme (Farkas, 73), O’Connor, Abe (Ayman, 46), Yeguo, Lee Forrester (Hickman, 73), Sonni-Lambie (Inglethorpe, 46).
Unused sub: Bernard.
Next up
The U18s will return to league action in a mini-derby against Merseyside rivals Everton on Wednesday (October 29).
The Reds host the Blues at the Kirkby Academy in a 6.30pm GMT kick-off.