WTIUSD

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WTIUSD

Following the US Energy Information Administration's announcement of a decrease in stocks, we observed that an upward trend in oil futures contracts came to the fore. During this process, the Middle East agenda, OPEC+'s extension of the production cut decision, and Ukraine's drone attack on its production facility in Russia continued to be among the headlines supporting the increase. The course of European and US stock exchanges can be followed during the day. In the upcoming process, as long as the pricing remains at and above the 78.50 - 79.00 support, an upward outlook may be at the forefront. In possible increases, the 80.00 and 80.50 levels can be targeted. As long as possible decreases are limited to the 78.50 - 79.00 support, new upward potential may occur. Therefore, it may be necessary to see the course below 78.50 and 4-hour closings for the continuation of the downward desire. In this case, the 78.00 and 77.50 levels may come to the agenda. Support: 79.00 - 78.50 Resistance: 80.00 - 80.50