US West Texas Intermediate and international benchmark Brent crude oil futures are trending higher as traders looked for direction ahead of a Federal Reserve rate decision and a meeting of OPEC and its allies. The US government is also reporting crude oil and fuel inventories at 15:30 GMT.
At 13:54 GMT, March WTI Crude Oil Futures trading at $79.16, up $0.29 or +0.37% and April Brent Crude Oil stands at $85.31, down $0.15 or -0.18%. On Tuesday the United States Oil Fund ETF (USO) completed…