Crude oil price provided new negative trades and surpassed our first target at 50.00 to reach the thresholds of the second target at 49.10, and it returned to rise again and move near the resistance level that appears on the chart, and as lond as the price is below 52.60, our bearish overview will remain active for the upcoming period, noting that breaching this level will push the price to achieve gains that reaches 57.46 on the near term basis.