CNBC | Oil slump resumes on US supply build, expected Fed rate hike CNBC Oil fell on Wednesday on fresh evidence of growing global oversupply, and as investors awaited the outcome of a U.S. Federal Reserve meeting at which interest rates are likely to be raised, boosting the dollar and pressuring commodities. Brent was last ... Oil Prices Fall on US Inventory Data Supply growth pushes oil near 7-year low Oil nears 11-year low on big US supply build; Fed awaited |