Oil retreats from multi-month highs ahead of Fed decision – Times of India

Oil retreats from multi-month highs ahead of Fed decision – Times of India

LONDON: Oil prices edged lower on Wednesday after hitting multi-month highs in the previous session, as investors braced for the U.S. Federal Reserve’s interest rate policy announcement later in the day.Brent crude futures for May fell 62 cents, or 0.71%, to $86.76 a barrel by 1028 GMT. U.S. West Texas …

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