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Brent crude oil rises, affected by its current support- Analysis-05-09-2025
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Brent crude oil rises, affected by its current support- Analysis-05-09-2025
Sep 4, 2025 10:19 PM

The (Brent) price rose in its last intraday trading, due to the stability of the support level at $66.35, gaining bullish momentum that assisted it to recover some of its previous losses, and it succeeded in offloading its clear oversold conditions on the (RSI), opening the way for recording more of the losses on the near-term basis, amid its affection by exiting bullish correctional channels range that limited its previous trading on the short-term basis.

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