Baku 18° C
Oil prices fall ahead of US Fed decisions
Energy
- 17 September, 2025
- 09:46
Add Report.az to preferred Google sources
Stay up to date with the top news!
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.
Author
Latest News
00:05
Ukraine discusses postwar recovery and 2027 financing with partners in Brussels
Other countries
23:38
Trump acknowledges Iran war and fuel prices contributed to Republican defeat
Other countries
23:28
Moldova could complete EU accession talks in 2028, government says
Other countries
22:54
Recep Tayyip Erdoğan: I take great pleasure in conveying my most sincere wishes to President Ilham Aliyev
Foreign policy
22:45
Azerbaijani ambassador highlights Croatia"s support for demining efforts
Foreign policy
22:38
Photo
First Vice-President Mehriban Aliyeva, along with her family members, attended symphonic show by internationally acclaimed violinist David Garrett
Cultural policy
22:19
Azerbaijani cookbook published in Bosnian
Foreign policy
21:47
Azerbaijani energy minister begins visit to Ukraine
Energy
21:20
Photo
Baku hosts medal ceremony at World Fire and Rescue Sport Championships
Team sports