WTI

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WTI

Oil prices recovered yesterday after a limited correction due to concerns about ample supply and climbed above short-term averages. As long as prices remain above the 71.00-71.50 support in the upcoming period, there may be an upward trend. In possible increases, 72.50 and 73.00 levels can be targeted. In possible decreases, it may be necessary to see the course below 71.00 and hourly closings. In this case, we can see 71.00-70.50. Support: 70.50 Resistance: 73.00