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U.S. crude-oil futures end lower ahead of Fed's decision

U.S. crude-oil futures end lower ahead of Fed's decision

Write: Nabil [2011-05-20]
NEW YORK, Dec. 10 (Xinhua) -- U.S. crude-oil futures retreated Monday as traders awaited the Federal Reserve's decision on interest rates due Tuesday.

Crude oil for January delivery fell 42 cents to end at 87.86 U.S. dollars a barrel on the New York Mercantile Exchange. Earlier in the session, crude hit an intraday high of 89.75 dollars.