Oil prices slip ahead of Fed decision; Middle East risks persist
Brent was down 1.1% to $107.55 a barrel early Wednesday, as the market looked to the Federal Reserve while Middle East/Houthi developments kept supply risks elevated.
Oil prices edged lower in early European trading Wednesday before the Federal Reserve’s interest-rate decision, even as disruptions in the Middle East and Houthi advances kept supply risks elevated. 55 a barrel, while West Texas Interme…