Federal Reserve announces no change in US interest rates, dollar weakens, oil jumps

Front-month Brent settled at US$47.18, WTI’s front-month contract settled at US$45.33 a barrel. Federal Reserve's announcement to leave US interest rates unchanged has weakened the US dollar as oil prices jumped about 3%, hitting new highs for 2016. Earlier in the week, crude inventories in USA had dropped, but prices retreated after the U.S. Energy Information Administration reported in the morning that crude stocks climbed 2 mln barrels last week to an all-time peak of 540.6 mln barrels.
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