Oil prices fall ahead of US Fed decisions

Global oil prices fell on September 17 morning, as market participants await the outcome of the US Federal Reserve's meeting, which might impact the dollar exchange rate and oil prices, Report informs referring to trading data.

November Brent crude futures fell 0.18% to $68.35 per barrel, while October WTI futures fell 0.17% to $64.41. Over the previous two trading sessions, Brent rose 2.2% and WTI rose 3.11%.

Investors are awaiting the Fed's monetary policy decisions, which could impact the dollar exchange rate and oil prices, which are sensitive to the currency trajectory.

Traditionally, the value of a national currency rises with a tight monetary policy and falls with a loose one.