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Find all the economic and financial information on our Orishas Direct application to download on Play StoreDue to expectations from the Federal Reserve that could keep US interest rates longer due to sustained inflation, oil prices fell for the third straight session on Wednesday.
Brent oil futures were down 43 cents, or 0.5%, to $82.45 per barrel. U.S. West Texas Intermediate (WTI) crude futures fell 50 cents, or 0.6%, to $78.16. Oil prices fell by around 1% on Tuesday. According to figures from the American Petroleum Institute (API) on Tuesday, U.S. crude oil and gasoline inventories increased last week, while inventories of distilled products declined.
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