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Oil prices are unchanged as the market awaits decisions from the Federal Reserve and OPEC.

Published On 03 Feb 2023 07:42 AM


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Oil prices remained relatively unchanged as the market anticipates a meeting of OPEC and its allies, a Federal Reserve rate decision, and U.S. government data on oil and fuel stockpiles on Wednesday. Brent crude futures fell 11 cents, or 0.1%, to $85.35 a barrel at 0949 GMT. West Texas Intermediate (WTI) oil futures in the United States increased 8 cents, or 0.1%, to $78.95 a barrel. According to Stephen Brennock, analyst at PVM, reduced US ra....


Tags : Oil prices, OPEC, Federal Reserve rate decision, fuel stockpiles,
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