WTI consolidates around mid-$74.00s amid US recession jitters/Middle East tensions

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WTI consolidates around mid-$74.00s amid US recession jitters/Middle East tensions
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West Texas Intermediate (WTI) US crude Oil prices struggle to capitalize on the previous day's strong move up and oscillate in a narrow range during the Asian session on Thursday.

WTI struggles to attract follow-through buying amid mixed fundamental cues. Concerns about an economic downturn in China and the US act as a headwind. Escalating geopolitical tensions in the Middle East to continue lending support. West Texas Intermediate US crude Oil prices struggle to capitalize on the previous day's strong move up and oscillate in a narrow range during the Asian session on Thursday. The commodity currently trades just above mid-$74.

influence the price of WTI Oil? decides to lower quotas, it can tighten supply, pushing up Oil prices. When

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