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Oil Prices Slightly Lower

Summary by sta.si
Oil prices fell for a second day in Asian trading today, as the Federal Reserve's expected decision to cut interest rates weighed on prices, while traders worried about the state of the US economy and its excess oil reserves.
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Oil prices fell today after the US Federal Reserve cut interest rates as expected, and traders shifted their focus to concerns about the US economy and oversupply, according to Reuters. By 09:50 Moscow time, US West Texas Intermediate (WTI) crude futures for October delivery fell 0.44% to $63.77 a barrel, while global Brent crude futures for November delivery fell 0.37% to $67.70 a barrel. The post Oil prices fall amid concerns about the US econ…

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Oil prices fall amid Fed decision and concerns over US economyOil prices fell for a second trading session after the US Fed cut interest rates. Traders focused on concerns about the US economy and supply glut.

·Kyiv, Ukraine
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Oil prices fell for a second day in Asian trading today, as the Federal Reserve's expected decision to cut interest rates weighed on prices, while traders worried about the state of the US economy and its excess oil reserves.

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After three consecutive sessions in the green, oil prices recorded a slight decline this Wednesday, September 17, 2025, against the background of market d'attentism before the decision of the US Federal Reserve (Fed) and in a still unstable geopolitical climate. At around 14:00 (15:00 in Paris), Brent's barrel for delivery in November lost 0.37% to 68.22 dollars, while the US West Texas Intermediate (WTI) gave 0.42% to 64.25 dollars, according t…

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observalgerie.com broke the news in on Wednesday, September 17, 2025.
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