Crude oil prices remain under pressure as Brent futures edge lower, trading near the $73 mark. Despite recent attempts at recovery, demand concerns are capping gains as traders weigh mixed signals from the global economy and OPEC+ production strategies. The price action reflects ongoing indecision, with holiday trading adding to the muted momentum. The technical landscape highlights Brent’s struggle to establish direction. The metal has failed to reclaim its 50-day EMA ($73.53), suggesting sellers are still active around higher levels. […]
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