Oil recovering after broad-market risk run, WTI ticking into $46.00

• Energies markets do their best to shrug off early Thursday risk flight.
• Crude traders keeping barrels bid to familiar levels, but Wednesday's peaks still hang above.

Crude oil prices dipped to familiar lows as global markets shook out on volatile currency and stock moves thanks to fresh warnings of an economic slowdown in 2019.

Apple Inc slashed their first-quarter growth expectations, blaming the lagging forecasts on China's continuing growth crunch, which sparked a broader risk run across the board as investors panicked in illiquid off-market action, piling into safe havens. Crude oil also saw knock-on dips in early Thursday trading, though barrels have faded the play and are trading back into the upside, with WTI testing back into 46.00/barrel, though Wednesday's high of 47.75 still a ways off.

WTI Technical Levels