Oil prices steady, with investors focusing on Fed decision
TOKYO : Oil prices steadied on Wednesday, after rising in the previous two sessions, as investors await the U.S. Federal Reserve's anticipated interest rate cut, with the potential for more violence in the Middle East supporting the market. Brent crude futures for November dropped 3 cents to $73.67 a barr
Oil prices set to snap two-day winning streak ahead of Fed decision
TOKYO :Oil prices fell on Wednesday and were set to snap a two-session winning streak ahead of a likely interest rate cut by the U.S. Federal Reserve, as weak macroeconomic data weighed on demand despite the potential for more violence in the Middle East. Brent crude futures for November were down 45 cents, o
Oil slips for first day in three ahead of Fed decision
LONDON :Oil fell on Wednesday after two sessions of gains after an industry report showed increasing U.S. crude and fuel inventories, offsetting rising tension in the Middle East and the potentially bullish impact of a U.S. interest rate cut. U.S. crude stocks rose by 1.96 million barrels in the week ended Se
Oil drops for first day in three ahead of Fed decision
LONDON :Oil fell on Wednesday after two sessions of gains after an industry report showed increasing U.S. crude and fuel inventories, offsetting rising tension in the Middle East and the potentially bullish impact of a U.S. interest rate cut. U.S. crude stocks rose by 1.96 million barrels in the week ended Se
Oil prices fall as Fed rate cut stirs economic worries, storage report mixed
NEW YORK :Oil prices slipped lower on Wednesday as a rate cut announcement from the Federal Reserve raised worries about the health of the U.S. economy, while investors largely shrugged off a crude oil inventory decline that they attributed to the impact of short-lived weather.Brent crude futures for November
last updated on 19 Sep 16:13