Oil Falls on Lower-Than-Expected Inventory Drop, Fed ’s Hawkish Tone

0054 GMT — Oil prices are lower in early Asian trade on a smaller-than-expected drop in U.S. inventories and the Federal Reserve’s hawkish tone at its policy meeting on Wednesday. Energy Information Administration’s data showed that crude oil fell 2.14 million barrels last week. “The disappointing…#federalreserves #frontmonth

Source: Reuters: Health - September 21, 2023 Category: Consumer Health News Source Type: news