14
Jul
Oil ends down after Fed minutes
Posted by adminThe oil has closed lower Wednesday on the physical market in New York after the publication of the minutes of the last meeting of the Monetary Policy Committee of the Federal Reserve.
The text of the Fed shows that its members say they have to be ready to take further measures to support the economy if the climate deteriorates.
The contract on August U.S. light crude ended on a down 11 cents, or 0.14%, to 77.04 dollars a barrel.