BRENT

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BRENT

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 78.00 - 78.50 support level in the upcoming period, an upward trend may be at the forefront. In possible increases, 79.50 and 80.00 levels can be targeted. In possible decreases, as long as the 78.00 - 78.50 support level remains current, new increase potential may occur. Therefore, it may be necessary to see the course below 78.00 and hourly closings for the continuation of the downward desire. In this case, 77.50 and 77.00 levels may be on the agenda. Support: 78.50 Resistance: 80.00