Crude oil futures tumbled over the past week, falling more than 6% as concerns over weakening global demand and a resurgent supply outlook weighed on sentiment. West Texas Intermediate (WTI) briefly hit a low of $56.39 before recovering to $59.24 by Thursday’s close. While dip-buying provided short-term support, the underlying market tone remains distinctly bearish as fundamental pressures intensify.
China Demand Slowdown Fuels Bearish Sentiment Fresh economic data from China delivered a major blow to oil bulls. The country's official manufacturing…Crude Oil Prices Retreat as Demand Cracks and Supply Risks Mount
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