January WTI crude sank $1.94, or 3.3%, to close at 51.04/bbl after the Federal Reserve raised interest rates

摘要

The range for the key short-term rate was raised 0.25% to a range of 0.5% to 0.75%. Meanwhile, the US Department of Energy reported a 2.6 million-barrel decline in crude stocks, against expectations for a 1.6 million-barrel decline. However, DOE reported that crude inventories at Cushing, Oklahoma, delivery hub rose 1.2 million barrels.