WTI

Oil prices continued to receive support from interest rate cut expectations that gained weight after the Fed and maintained their course above averages. The course of European and US stock markets and PMI data from Europe and the US can be followed during the day. As long as pricing remains above the 71.00 - 71.50 support in the upcoming period, an upward outlook may be at the forefront. In possible increases, 72.50 and 73.00 levels can be targeted. In possible decreases, as long as the 71.00 - 71.50 support remains current, new increase potential may occur. Therefore, it may be necessary to see the course below 71.00 and hourly closings for the continuation of the decrease desire. In this case, 70.50 and 70.00 levels may come to the agenda.