WTIUSD

image

WTIUSD

Oil futures contracts have been suppressed by speculation that progress has been made in the hostage swap talks in the Middle East, the possible hawkish Fed stance in the face of high inflation in the US, as well as the American Petroleum Institute's announcement of a 4.9 million barrel increase in stocks. The stock figures to be announced by the US Energy Information Administration and the Fed's monetary policy statement can be followed during the day. We are following pricing below the averages. A downward trend may be at the forefront under the 82.00 - 82.50 resistance, where the average density is. In possible declines, the 80.50 and 80.00 levels can be targeted. On the WTI side, a downward trend parallel to Brent oil prevails. In intraday upward movements, the 81.58 level can be followed. If this level is exceeded, the 82.37, 83.22 and 83.82 resistances may become important. In possible pullbacks, the 80.92, 80.33 and 79.47 support levels will be monitored. Support: 80.92 – 80.33 Resistance: 81.58 – 82.37