Next week Oil is free to runThe last week has been consumed with Sept FED Rate decision, plus we still have 2 remaining FED dates on Nov 2nd and Dec 14th. Right now the markets are waiting for confirmation on today's rate decision and are focused on the FED Economic Projection which could move the market.
The bright side is that once we are finished with today's FED the Oil markets can change gears for the remaining week left in Sept and all of Oct which are FED-free when it comes to Interest Rates so if Oil is going to rise it'll start to happen in this timeframe. The markets will still react to upcoming global data being released and will remain fully focused on the health of the economy but that's not saying that the Oil market can't rally higher if Oil producers make huge cutbacks.
If the price of Oil was left up to the economies health going forward than Oil prices will stay weak.