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WTI Oil: Oil Price Extends Weakness After 5.5% Drop on Tuesday

Oil price extends weakness after 5.5% drop on Tuesday, driven by demand worries and expected interest rate hikes. Crude prices remain in red in early Wednesday and hit new lowest since Mar 27, keeping negative sentiment on growing concerns over darkening macroeconomic outlook and its impact on oil demand. Markets also focus on two key […] The post WTI Oil: Oil Price Extends Weakness After 5.5% Drop on Tuesday appeared first on Action Forex... Read More

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Tuesday

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Posted: May 3 2023, 08:39

Author Name: actionforex

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