WTI Price Analysis: Recovery move to meet sellers near 72.50 ahead of oil inventory data

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WTI Price Analysis: Recovery move to meet sellers near 72.50 ahead of oil inventory data
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WTI Price Analysis: Recovery move to meet sellers near 72.50 ahead of oil inventory data Oil WTI DollarIndex Fed SupportResistance

upside in the oil price looks restricted as investors are still worried about global demand amid rising rates by western central banks.

Going forward, the release of the weekly oil inventory data by the US Energy Information Administration will be of utmost importance.

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