WTI oil is consolidating within a narrow range in early Friday’s trading after bears accelerated on Thursday, pushing the price down nearly 4% for the day. Oil came under fresh pressure on concerns about weakening demand in China, world’s biggest oil importer and further interest rate increases by the US Federal Reserve, which would drive […]
The post WTI Oil Outlook: Bears on Track for Weekly Drop of Around 8% appeared first on Action Forex.
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