Evening update for crude oil -18-08-2025-July 2024-www.financetom.com

Evening update for crude oil -18-08-2025

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Evening update for crude oil -18-08-2025

Aug 18, 2025 11:14 AM

The (crude oil) witnessed mixed trading in its last intraday trading, amid the continuation of the key support level stability at $62.00, gaining some positive momentum besides the emergence of the positive signals on the (RSI), after reaching oversold levels, on the other hand, the negative pressure that comes from its trading below EMA50, and under the dominance of minor bearish wave on the short-term basis with its trading alongside a supportive bias line for this track.

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