Oil prices edge lower following fresh indications of weak demand

Oil prices yesterday edged lower following fresh indications of weak demand, and as the market awaited a crucial interest rate decision by the U.S. Federal Reserve.

In intra-day trade, Brent crude was



trading at around 75 dollars and 10 cents per barrel, while WTI crude price was at 69 dollars and 50 cents per barrel, when reports last came in.