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WTI Oil Outlook: WTI is on Track to Form the Third Straight Doji as Conflicting Signals Keep Near-Term Action Directionless

WTI continues to trade around $40 handle on Thursday, extending narrow-range movements into third straight day and on track to leave third consecutive daily Doji candle.

Conflicting signals keep oil price in directionless mode as sharp drop in US crude stockpiles and boosted risk mode from US NFP beat underpin the action but ri