Oil prices hold steady as markets await Fed rate decision

Oil prices held steady in early trading on Wednesday, after rising more than 1% in the previous session on drone attacks on Russian ports and refineries, while traders awaited an expected rate cut from the U.S. Federal Reserve.

Brent crude futures dropped 1 cent to $68.46 a barrel by 0114 GMT, while U.S. West Texas Intermediate crude futures also fell 1 cent to $64.51 a barrel.

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