![As Fed caution prevails over speculation of OPEC+ cut extensions, crude oil eases](https://market-tracker.in/wp-content/uploads/2024/02/crudeoilvs.naturalgas-3c93d9030f3b4ccd8dffe5c502016312-1-600x400.jpg)
As Fed caution prevails over speculation of OPEC+ cut extensions, crude oil eases
In early Asian trading on Wednesday, oil prices fell as rumors of extensions to OPEC+ output restrictions countered the positive impact from the possibility of a postponed U.S. rate-cutting cycle. By 0110 U.S. West Texas Intermediate crude futures (WTI) were down 35 cents, or 0.44%, to $78.52 a barrel, while Brent crude futures slid 38…