According to Jinshi Data, oil prices fluctuated narrowly on Wednesday as investors remained cautious ahead of the Federal Reserve meeting. XM senior investment analysts said that investors are paying attention to the possibility of the Federal Reserve pausing interest rate cuts in January and hints at the number of interest rate cuts in 2025.
UBS analysts pointed out that trade war concerns and uncertainty about the extent of the Fed's interest rate cuts next year may limit the upside of oil prices. Phillip Nova analysts believe that market concerns that Trump's policies may lead to inflation and interfere with the Fed's autonomy have made oil investors cautious.