CNBC | Oil hits new 2016 highs after Fed keeps rates steady CNBC Oil prices moved higher on Wednesday after the Federal Reserve said it would leave interest rates unchanged, having earlier recouped losses after falling as U.S. crude inventories built to record highs. Brent crude futures hit a new 2016 high following ... Oil price hits highest level since November Oil retreats from 2016 highs on US crude build; awaits Fed Oil prices hit six-month high |