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Evening update for crude oil -11-08-2025
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Evening update for crude oil -11-08-2025
Aug 13, 2025 1:08 PM

The (crude oil) price kept declining in its last intraday trading, to break the support level at $62.00, amid the dominance of minor bearish wave on the short-term basis and its trading alongside supportive trend line for this track, despite the emergence of the positive signals on the (RSI), which attempts to offload the oversold conditions, indicating the strength and the dominance of the sellers on the price movement.

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