WTI

Despite the ongoing tensions in the Red Sea, the American Petroleum Institute data indicating that oil stocks in the US have increased has put pressure on prices. The institution announced an increase of 1.8 million barrels in stocks, while the official stock data to be announced by the US Energy Information Administration today will be followed. In the upcoming process, as long as the prices remain at and above the 73.50 - 74.00 support, the upward potential may continue. The 74.50 and 75.00 levels may be targeted in the increases. In order for the possible decreases to remain effective from this stage onwards, it may be necessary to see the course below 73.50 and 4-hour closings. In this case, the 73.00 and 72.50 levels may come to the agenda. Support: 73.50 Resistance: 75.00