Investors expect the US Federal Reserve to raise rates by 25 basis points on Wednesday, followed the day after by half-point increases by the Bank of England and European Central Bank. Any deviation from that script would be a shock. "The risk-off cautious mood in the market ahead of the central bank meetings is hurting risk assets, including oil," said City Index analyst Fiona Cincotta.
Brent crude fell 94 cents, or 1.1%, to $85.72 a barrel by 1436 GMT while U.S. West Texas Intermediate crude dropped $1.40, or 1.8%, to $78.28.
Diese Geschichte stammt aus der January 31, 2023-Ausgabe von Mint Mumbai.
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Diese Geschichte stammt aus der January 31, 2023-Ausgabe von Mint Mumbai.
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