WTI Oil: Bears May Take a Breather for Consolidation after 2.2% Drop

<p>WTI oil edged higher in early Wednesday, following 2.2% drop on Tuesday, positively impacted by stronger than expected draw in US crude inventories (API report) but keeps bearish bias. Oil prices fell on Tuesday on fresh hawkish signals from central banks, warning that policy tightening cycle is still far from the end. The WTI contract […]</p>
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