# Fed Adds to Factors Pushing Oil

> Analysts expect the Fed to raise rates faster than previously anticipated. They see the resulting stronger dollar and the pressure on emerging markets weighing on oil prices.

- Date: 2017-01-19 · published 2017-01-19T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/72904-fed-adds-to-factors-pushing-oil
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Higher oil prices feed into diesel and freight costs for feed producers, so a bearish oil outlook eases some input cost pressure.

## Read by commodity

- WTI: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2018-06-17 | [The Fed Is Driving Down Oil Prices \| OilPrice.com](https://feedsoft.ai/events/64443-the-fed-is-driving-down-oil-prices-oilprice-com.md) | +5.9% | +4.8% |
| WTI | 2023-07-04 | [Why are OPEC+ supply cuts failing to boost oil prices?](https://feedsoft.ai/events/34941-why-are-opec-supply-cuts-failing-to-boost-oil-prices.md) | +7.3% | +16.7% |
| WTI | 2022-06-14 | [Oil prices settle down on fears of Fed and oil profit tax](https://feedsoft.ai/events/41135-oil-prices-settle-down-on-fears-of-fed-and-oil-profit-tax.md) | -8.6% | -19.2% |
| WTI | 2020-04-10 | [A million tons of frozen canola adds to farming woes in Canada](https://feedsoft.ai/events/53591-a-million-tons-of-frozen-canola-adds-to-farming-woes-in-canada.md) | -19.9% | +5.3% |
| WTI | 2021-08-31 | [Oil settles down 1% as U.S. refineries shut; Washington pushes OPEC to pump more \| Reuters](https://feedsoft.ai/events/45721-oil-settles-down-1-as-u-s-refineries-shut-washington-pushes-opec-to-pump-more.md) | -1.2% | +8.9% |

## Sources

- wsj.com: https://www.wsj.com/articles/fed-adds-to-factors-pushing-oil-higher-1484826475

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.