LONDON—Oil prices rose more than 1 percent on Wednesday ahead of the keenly watched meeting of the U.S. central bank for clues on interest rate policy, while the conflict in the Middle East remains in focus.
Brent January crude futures were up about 1.1 percent, or 90 cents, to $85.92 a barrel by 1042 GMT. U.S. West Texas Intermediate crude futures also gained 1.1 percent, or 90 cents, to $81.92 a barrel.
