- WTI struggles to extend two-day rebound from the lowest levels in three weeks.
- Demand hopes from China jostle with market’s indecision ahead of the key data/events and prod Oil buyers.
- Downbeat US Dollar, geopolitical concerns weigh on the commodity price.
WTI crude oil retreats to $78.60 during early Tuesday, fading a two-day recovery from the early month low, as the black gold buyers seek more clues to extend the latest run-up amid a sluggish start to the key week. Even so, the demand hopes and softer US Dollar keep the commodity buyers positive.
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