WTI Oil: On Track for Biggest Weekly Loss in Months But Oversold Studies May Slow Bears

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<p>WTI oil remains at the back foot and holding at the lowest in five weeks on Friday, following a strong fall in past two days (down 7.6%). Renewed concerns about further slowdown in global economic growth on keeping high interest rates for longer period, which would result in a more negative impact on oil demand, […]</p>
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