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Raw material: oil is retreating

17/09/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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After having increased by more than 1% during the previous session, the prices of Oil fell on Wednesday. Continuing geopolitical tensions served From floor to market, with traders expecting interest rates to fall expected from the US Federal Reserve later today.

14.0pt; font-family: "Bookman Old Style”, serif; mso-bidi-font-family:arial"> The contracts Brent crude futures were down 41 cents, or 0.6%, at $68.06 per barrel at 0939 GMT, while crude futures American West Texas Intermediate were down 37 cents, also around 0.6%, at 64.15 dollars per barrel.

The clues Benchmarks increased by more than 1% during the last session of negotiation due to fears that Russian supplies may be disturbed by Ukrainian attacks.

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