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Evening update for crude oil -04-09-2025
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Evening update for crude oil -04-09-2025
Sep 4, 2025 12:19 PM

The (crude oil) rose strongly in its last intraday trading, due to the stability of the of the support level of $62.85, providing some bullish momentum to attempt to recover some of its previous losses, attempting to offload some of its clear oversold level on the (RSI), especially with the emergence of the positive signals from there, affected by breaking bullish correctional trend line previously on the short-term basis.

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