Crude oil surged higher during its latest intraday trading, due to the stability of the support level at $79.55, gaining bullish momentum that helped it to achieve these gains, with the emergence of the positive signals from the relative strength indicators, after reaching oversold levels, to recover some of the previous losses, amid the continuation of the negative pressure due to its trading below EMA50, which represents a dynamic resistance that reduces the chances of full recovery on the near-term basis.