WTIUSD

WTIUSD

The US Energy Information Administration's announcement of a 3.5 million barrel increase in stocks, despite higher expectations of increases, has caused concerns about weak demand to be highlighted, causing a pullback in oil futures to be monitored. The course of European and US stock markets can be followed during the day. In the upcoming period, as long as pricing remains at and above the 77.50 - 78.00 support, an upward outlook may be at the forefront. In possible increases, 78.50 and 79.00 levels may be targeted. In possible decreases, as long as the 77.50 - 78.00 support remains current, new upward potential may occur. Therefore, in order for the decline to continue, it may be necessary to see the course below 77.50 and hourly closings. In this case, the 77.00 and 76.50 levels may come to the fore. In the upcoming period, as long as pricing remains at and above the 77.50 - 78.00 support, an upward outlook may be at the forefront. Support: 77.00 Resistance: 79.00