Oil retreats but geopolitical jitters cap declines


— Reuters

SINGAPORE: Oil prices eased slightly on Wednesday, after rising more than 1% in the previous session, though ongoing geopolitical jitters provided a floor under prices while traders also awaited an expected interest rate cut from the U.S. Federal Reserve.

Brent crude futures dipped 14 cents, or 0.2%, to $68.33 a barrel by 0405 GMT, while U.S. West Texas Intermediate crude futures fell 13 cents, or 0.2%, to $64.39 a barrel.

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Oil , Brent , WTI , gas , LNG , crude , Opec

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