WTI Oil Consolidating After Strong Fall in Past Two Days

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2020/03/f-oil85.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2020/03/f-oil85.jpg 612w, https://www.actionforex.com/wp-content/uploads/2020/03/f-oil85-600×400.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>WTI oil is consolidating within a tight range on Thursday morning after falling 6.6% in past two days. Strong sell-off was sparked by easing worries over supply disruptions in the Middle East and growing concerns about demand from the US and China, world’s two largest consumers. Recent economic data from China were below expectations, though [&#8230;]</p>
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