“Crude oil prices show cautious gains – Analysis – 13/10/2025”

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Crude oil prices surged in the latest intraday session, posting strong gains as they attempt to recover some of the previous losses. This rebound is supported by the relative strength indicators moving away from clear oversold levels, highlighted by a positive crossover that suggests a potential short-term recovery.

However, bearish pressure persists as prices continue to trade below the 50-day EMA, within a dominant short-term downtrend, and along a steep bearish trendline. These factors limit the likelihood of a full recovery in the near term.

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