LONDON: Oil costs edged decrease on Wednesday after hitting multi-month highs within the earlier session, as buyers braced for the U.S. Federal Reserve’s rate of interest coverage announcement later within the day.Brent crude futures for Could fell 62 cents, or 0.71%, to $86.76 a barrel by 1028 GMT. U.S. West…
-
-
Oil retreats from multi-month highs, robust greenback dents demand
SINGAPORE: Oil costs edged decrease on Wednesday, as a stronger greenback curbed investor urge for food whereas merchants took some cash off the desk after benchmarks rallied to multi-month highs within the earlier session.Brent crude futures for Might supply fell 16 cents, or 0.2%, to $87.22 a barrel by 0407…