Partially reversing the huge surge from the two previous sessions, crude oil prices have plummeted on Wednesday as investors analyzed the interest rate announcement by the U.S. Federal Reserve today. In addition, reports of Saudi Arabia loading crude cargoes via Oman lowered supply-related concerns.
WTI Crude Oil for October delivery was last seen trading down by $3.61 (or 3.41%) at $102.22 per barrel.
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Market Analysis
Crude Oil Plunges Amid Saudi’s STS Transfers Via Oman, Fed’s Interest Rate Decision
2026-09-16 18:38:11
