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    NewspapersOil & GasThe Economic Times

    Oil prices hold steady as markets await Fed rate decision

    Binu Mathew
    By Binu MathewSeptember 17, 2025

    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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