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WTI bears seem hesitant near $88.00 as Hormuz risks counter Iran diplomacy hopes

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – struggles to capitalize on the previous day's goodish rebound from sub-$85.00 levels, or over a three-week low, and remains depressed for the third straight day on Thursday.
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China Industrial Production (YoY) came in at 5.7%, above expectations (5.5%) in March

China Industrial Production (YoY) came in at 5.7%, above expectations (5.5%) in March
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