WTI

Oil prices followed a calm course in the Asian session after rising due to shipment disruptions caused by attacks in the Red Sea. While markets are trying to digest the risk, the American Petroleum Institute announced an increase of around 940 thousand barrels in stocks. The course of European and US stock exchanges and the stock figures to be announced by the US Energy Information Administration can be followed during the day. As long as pricing remains at and above the 73.00 - 73.50 support level in the upcoming period, an upward trend may be at the forefront. In possible increases, 74.50 and 75.00 levels can be targeted. In possible decreases, as long as the 73.00 - 73.50 support level remains current, new upward potential may occur. Therefore, it may be necessary to see the course below 73.00 and hourly closings for the continuation of the downward desire. In this case, 72.50 and 72.00 levels may come to the agenda. Support: 73.50 Resistance: 75.00