WTI
Oil prices showed a downward trend yesterday as concerns about ample supply returned to the forefront. Expectations for increased exports in Russia and increased production in the US were followed as current headlines. As long as pricing remains above the 69.00-69.50 support in the upcoming period, there may be an upward trend. In possible increases, 70.00 and 70.50 levels may be targeted. In possible decreases, it may be necessary to see the course below 69.00 and hourly closings. In this case, we may see 68.00-67.50. Support: 67.50 Resistance: 70.00