Live Updates > Live Update Details
2025-09-17 18:59:51
[Oil prices are under pressure, and the Federal Reserve's decision may become a key turning point] ⑴ The agency pointed out that Brent crude oil and West Texas Intermediate crude oil futures prices both fell 0.8% in midday trading on Wednesday, to $67.91 and $63.98 per barrel respectively. Previously, the market focused on the potential supply risks to Russia caused by Ukraine's attack on key facilities and the possibility of more stringent sanctions from the West, but these factors have so far failed to provide sustained support for oil prices. ⑵ In addition, the statement of the U.S. Federal Reserve later on Wednesday may have an impact on the crude oil market. If the Federal Reserve hints that it may turn to interest rate cuts, this may further weaken the dollar and boost demand expectations at a time when global supply is at risk of oversupply, thus having a significant impact on oil price trends.
