Crude futures fell in American trade even as the dollar index continued moving away from the highest since July 26 for the fourth session in a row, following an array of data and developments from the US, the world's largest economy. 

As of 04:41 GMT, US crude futures due on November 15 dropped 0.41% to $50.71 a barrel from the opening of $50.92, while Brent crude futures due on December 15 gave up 0.60% to $56.27 a barrel from the opening of $56.61, as the dollar index declined 0.26% to 93.05 from the opening of 93.29. 

On Tuesday, Federal Reserve Bank of Dallas President Robert Kaplan spoke about economic outlook at the Stanford Institute for Economic Policy Research, where he noted that the option of raising interest rates in the next meetings is still on the table, adding that waiting too long before hiking overnight rates could raise the chances of economic recession.  

Earlier US data showed the JOLTS job openings down to 6.08 million jobs from 6.14M in July, missing expectations of 6.13M, as markets look forward to the FOMC's minutes for the September meeting, at which policymakers voted to hold interest rates unchanged at between one percent and 1.2% for the second session, while paving the way for normalizing the balance sheet by October. 

Oil futures are weakening on profit taking after surging on Tuesday, after Saudi Arabia's energy ministry announced that Aramco will cut 560 thousand bpd in exports in November, as the world's largest crude exporter plans to export 7.15 million bpd despite the upward demand of 7.7 million bpd. 

OPEC Secretary General Muhammad Barkindo said on Tuesday that more oil exporting countries are welcome to join the global deal to cut output by 1.8 million bpd until next March in cooperation with independent producers such as Russia. 

Barkindo said Sunday in New Delhi said there's increasingly shared understanding by OPEC members and independent producers led by Saudi Arabia and Russia of the importance of maintaining balancing efforts in the oil market. 

Otherwise, oil companies are working to bring back their operations in the Mexico Gulf, accounting for 17% of US shale production, after Storm Nate hit the south coast on Sunday, bringing 90% of the production effort to an abrupt stop. 

Sterling tilted lower in American trade against the greenback, following a spate of data and developments from the US, and amid a lack thereof from Britain. 

As of 04:19 GMT, GBP/USD slipped 0.05% to 1.3197 from the opening of 1.3203, with an intraday low at 1.3176, and a high at 1.3222. 

On Tuesday, Federal Reserve Bank of Dallas President Robert Kaplan spoke about economic outlook at the Stanford Institute for Economic Policy Research, where he noted that the option of raising interest rates in the next meetings is still on the table, adding that waiting too long before hiking overnight rates could raise the chances of economic recession.  

Earlier US data showed the JOLTS job openings down to 6.08 million jobs from 6.14M in July, missing expectations of 6.13M, as markets look forward to the FOMC's minutes for the September meeting, at which policymakers voted to hold interest rates unchanged at between one percent and 1.2% for the second session, while paving the way for normalizing the balance sheet by October. 

Euro rose for the fourth straight session away from the lowest since August 17 against the dollar, following earlier data and developments from the US, and amid a lack thereof from the euro zone, as markets await the Federal Open Market Committee's meeting minutes later today. 

As of 03:58 GMT, EUR/USD rose 0.30% to 1.1844 from the opening of 1.1808, with an intraday low at 1.1795, and the highest since September 26 at 1.1858.

On Tuesday, Federal Reserve Bank of Dallas President Robert Kaplan spoke about economic outlook at the Stanford Institute for Economic Policy Research, where he noted that the option of raising interest rates in the next meetings is still on the table, adding that waiting too long before hiking overnight rates could raise the chances of economic recession.  

Earlier US data showed the JOLTS job openings down to 6.08 million jobs from 6.14M in July, missing expectations of 6.13M, as markets look forward to the FOMC's minutes for the September meeting, at which policymakers voted to hold interest rates unchanged at between one percent and 1.2% for the second session, while paving the way for normalizing the balance sheet by October. 

Investors also await European Central Bank president Mario Draghi's speech tomorrow, and Federal Reserve Chair Janet Yellen's speech on Sunday on economy and monetary policy in Washington DC. 

US stock indices opened the second session of this week at fresh record highs, after closing on Monday for the Columbus Day holiday, following earlier data from the world's largest economy, which showed the JOLTS job openings fell more than expected in August. 

Now markets look forward to the Federal Open Market Committee's minutes for the September meeting, at which policymakers voted to hold interest rates unchanged at between one percent and 1.2% for the second session, while paving the way for normalizing the balance sheet by October. 

Investors also await the start of the third quarter earnings season, with JPMorgan & Chase, and City Group expected to release their results tomorrow. 

As of 03:24 GMT, Standard and Poor's 500 rose 0.02%, or 0.57 points to 2,551.21, while Dow Jones added 0.05%, or 11.61 points to 22,844.94. 

Tech-heavy NASDAQ advanced 0.08%, or 5.01 points to 6,592.37.