Oil dips on high interest rate worries, OPEC+ panel awaits

Singapore, Oct. 4 (BNA): Oil edged lower on Wednesday ahead of a panel meeting of OPEC+ ministers, as the market weighed expectations of supply tightness against fears that high interest rates could reduce fuel demand.


Brent crude oil futures dipped 6 cents to $90.86 a barrel by 0345 GMT, while U.S. West Texas Intermediate crude (WTI), fell 5 cents to $89.18 per barrel. Reuters reported. 


While U.S. West Texas Intermediate crude (WTI), fell 5 cents to $89.18 per barrel.



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