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Brent crude oil experiencing a sharp drop -Analysis-05-05-2025
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Brent crude oil experiencing a sharp drop -Analysis-05-05-2025
May 25, 2025 6:53 PM

Brent crude oil slipped lower in the downside in its recent intraday trading, amid the dominance of the main bearish trend on the short-term basis and its trading alongside bias line, with the emergence of the negative signals on the (RIS), despite reaching oversold levels, breaking the critical support level at $60.00, with the continuation of the negative pressure that was caused by its trading below the EMA50.

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