WTI Remains On The Defensive Above $72.30 Amid Concern About OPEC+ Cut, China’s Oil Demand
December 06, 2023 at 02:05 AM EST
Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around $72.30 on Wednesday. The pessimistic economic outlook in China might cap the WTI’s upside as China is the world's largest oil consumer.
