Oil prices slide ahead of inventory report, Fed decision

0 2

Oil prices traded lower on Wednesday, on track for back-to-back losses, as investors awaited fresh U.S. inventory data, as well as an interest-rate decision from the Federal Reserve.

Price action

Market drivers

Crude-oil traders will receive a weekly update from the U.S. Energy Information Administration on supplies due at 10:30 a.m. Eastern Time on Wednesday.

An…

Read the full article here

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy