CNBC | Oil holds losses as Fed keeps rates near zero CNBC Crude futures rallied on Thursday after the Federal Reserve held off raising interest rates for the first time in more than nine years. Higher U.S. interest rates typically boost the U.S. currency, making dollar-denominated oil more expensive for ... Oil seesaws as markets await Fed's decision on rates Oil falls in volatile trade ahead of Fed rate decision How The Federal Reserve's Rate Hike Decision Could Affect US Oil Prices |