![WTI gains momentum amid output cuts and fears of global economic slowdown; eyes set on $84.00 WTI gains momentum amid output cuts and fears of global economic slowdown; eyes set on $84.00](https://shmi.ir/wp-content/uploads/2023/07/Bears-are-waiting-to-pounce-but-bulls-putting-up-a-150x203.jpg)
[ad_1] Share: US crude oil benchmark, WTI, rises for the third consecutive day, trading at $83.48, up by 0.80%. Oil demand is predicted to grow by 2.25 million bpd in 2024, down from 2024’s 2.44 million bpd, according to OPEC+. Weakness in China’s economy could dent oil demand. Western Texas Intermediate (WTI), the