WTI oil edged higher on Friday following strong downside rejection on Thursday, but the structure remains fragile, due to demand concerns, fueled by worries that recent rate hikes by major central banks and particularly aggressive Fed, would lead to economic slowdown. The fundamentals remain key oil price drivers but focus has turned from supply which […]

The post WTI Oil Outlook: Worries of Economic Slowdown Weigh on Oil Prices appeared first on Action Forex.