BRENT

Following Angola's decision to leave OPEC yesterday, oil prices fell, and in addition to the Red Sea agenda, news flow in China that major banks had lowered deposit rates positively affected risk appetite and contributed to the recovery. The course of European and US stock markets and US PCE inflation data can be followed during the day. As long as pricing remains at and above the 79.00 - 79.50 support level, an upward outlook may be at the forefront. In possible increases, 80.50 and 81.00 levels may be targeted. In possible decreases, as long as the 79.00 - 79.50 support level remains current, new upward potential may occur. Therefore, it may be necessary to see the course below 79.00 and hourly closings for the continuation of the downward desire. In this case, the 78.50 and 78.00 levels may be on the agenda. Support: 78.50 Resistance: 80.50