WTI Oil: Consolidation After 5.3% Fall on Thursday Likely to Precede Fresh Push Lower

WTI oil is holding within a narrow consolidation in early Friday after falling 5.3% previous day (the biggest one-day drop since Oct 4), being under increased pressure from growing demand concerns and strong supply. Short-term price action is holding in a downward trajectory and on track for the fourth consecutive week of losses, since fears […]

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