The Oil prices ended up the day on a high note
The Oil prices to ended up the day on a high note on seesawing with the dollar and consolidating recent gains while awaiting results from the year's final Federal Reserve meeting and weekly oil inventory reports. But the bounce by the dollar which weighed on oil prices, was not sustained as currency markets also eyed the Federal Reserve meeting.
Mark Waggoner, president at Excel Futures in Bend, Oregon said: "People are looking at the Fed meeting for clues if there will be further help to boost the economy and awaiting inventory data. As the front-month crude nears expiration, you will see a sell-off."
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