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Evening update for crude oil -16-07-2025
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Evening update for crude oil -16-07-2025
Jul 16, 2025 1:47 PM

The (crude oil) rose in its last intraday trading, supported by the emergence of the positive signals on the (RSI), amid its affection by breaking a main bullish trend line on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, preventing the price recovery on the near-term basis.

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