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Evening update for crude oil -09-09-2025
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Evening update for crude oil -09-09-2025
Sep 9, 2025 12:39 PM

The (crude oil) declined in its last intraday trading, due to the stability of the critical resistance level at $62.85, amid the continuation of the negative pressure that comes from its trading below EMA50, and under the dominance of the main bearish trend on the short-term basis, which forced the price to decline after achieving early gains, supported by the emergence of the positive signals on the (RSI).

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