Oil prices fell in early Asian trading, Thursday, in light of the uncertainty that the United States would avoid defaulting on its obligations, which outweighed the impact of speculation that the OPEC + alliance would make more production cuts.
Fitch has placed the AAA credit rating of the United States on watch for a possible downgrade due to the risk of Washington defaulting on its debts if the US public debt ceiling is not raised.
The agency said in a statement that its decision reflects the growing political tensions that impede resolving the problem by raising or suspending the public debt ceiling, at a time when the deadline for the US public debt to reach its legally determined ceiling is fast approaching.
