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Evening update for crude oil -22-07-2025
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Evening update for crude oil -22-07-2025
Jul 22, 2025 11:55 AM

The (crude oil) settled low in its last intraday levels, amid the emergence of the negative signaks on the (RSI), after the price success in offloading its oversold conditions, increasing the negative pressure around it, opening the way for recording more of the losses, amid the continuation of the negative pressure that comes from its trading below EMA50, which represents an obstacle prevents its recovery or the attempts of the rise.

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