The price of crude oil rose during its recent intraday trading, supported by the emergence of positive signals from the relative strength indicators, after forming positive divergence that reinforces the upside movement, amid the continuation of the bullish trend dominance on the short-term basis, and the trading alongside supportive trend line for this track.

Meanwhile, the price is benefiting from the positive pressure due to its trading above EMA50, which reinforces the strength of the bullish trend and supports the chances of extending the gains in the near upcoming period.