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Evening update for crude oil -30-05-2025
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Evening update for crude oil -30-05-2025
May 30, 2025 12:44 PM

The (crude oil) price witnessed fluctuated trading on its intraday levels, affected by temporary stability of the support level at $60.00, providing some of the positive momentum that assisted it to bounce higher, besides the emergence of the positive signals on the (RSI), after reaching oversold levels, but the price remains under the negative pressure that comes from its trading below EMA50

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