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Crude oil futures end lower on Tuesday

29 Oct 2025 Evaluate

Crude oil futures ended lower on Tuesday after reports said that the German business of Russia's Rosneft would be exempted from U.S. sanctions, fueling uncertainty about the overall impact of the sanctions. Traders also await for FOMC decision as well as Fed Chair Jerome Powell's post-meeting comments for more clues on interest rate outlook.

Benchmark crude oil futures for December fell $1.16 or 1.89% at $60.15 a barrel on the New York Mercantile Exchange. Brent crude for December delivery lost $1.22 or 1.86% to settle at $64.40 a barrel on London's Intercontinental Exchange.

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