WTI Oil: Prices Accelerate Lower on Fresh Demand Concerns

<p>WTI oil price fell around 1.6% on Wednesday after weak manufacturing data from Japan, Eurozone and Great Britain (PMI’s stay in contraction territory below 50 threshold) raised concerns about demand and further soured near-term sentiment. Acceleration of a bear-leg off $81.71 (Aug 21 recovery peak) broke through $78.58 (Aug 17 higher low) and cracked pivotal […]</p>
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