BRENT

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BRENT

Oil futures maintained their upward trend, supported by the American Petroleum Institute's announcement of a 2.4 million barrel decrease in inventories. Brent oil saw a high of 82.15 and a low of 81.03 on the previous trading day. Brent oil, which followed a buying trend on the last trading day, gained 0.01% daily. The RSI indicator for the commodity, which is above its 20-day moving average, is at 49.71, while its momentum is at 100.01. The 81.69 level can be followed in intraday downward movements. If this level is broken, supports at 81.24, 80.57 and 80.12 may become important. In possible increases, resistance levels at 82.82 and 83.48 will be monitored. Support: 81.69 - 81.24 Resistance: 82.82 - 83.48