Oil prices steady; Middle East tensions, Fed rate cut in focus
October 29, 2025
(Investing) – Oil prices steadied Wednesday as renewed military action between Israel and Hamas threatened to upset a recent ceasefire, although caution before the conclusion of a Federal Reserve meeting kept traders to the sidelines. At 08:40 ET (12:40 GMT), Brent oil futures for December rose 0.1% to $63.86 a barrel, and West Texas Intermediate crude futures traded largely unchanged at $60.15 a barrel. Oil
