Oil weakens ahead of US Federal Reserve meeting

Fed meeting could lead to further interest rate cuts

Oil price: Brent crude settled down 38 cents, or 0.6%, at $59.92 a barrel — Oil price: Brent crude settled down 38 cents, or 0.6%, at $59.92 a barrelPhoto: REUTERS/SCANPIX

Reuters

Published 22 August 2019, 22:50Updated 22 August 2019, 22:50

Production Americas

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In a world awash with information, Upstream helps readers filter out the noise and zero in on what matters in the international energy industry. For nearly three decades, we have been the go-to source for independent news and analysis of the major oil and gas projects shaping the industry and the people behind them. In recent years, we also have chronicled the industry’s efforts to transition to cleaner energy sources.

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