BRENT

Oil prices climbed above averages again with the recovery trend after the squeeze experienced yesterday. Although the American Petroleum Institute announced a decrease of 480 thousand barrels in stocks, since this remained below expectations, we can say that the Middle East agenda is the sustaining force. 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 the pricing remains above the 77.50 support in the upcoming period, the upward view may be one step ahead. In possible increases, 78.50 and 79.00 levels can be targeted. In possible decreases, as long as the 77.50 support remains current, new increase potential may occur. Therefore, it may be necessary to see the course below 77.50 and hourly closings for the continuation of the downward desire. In this case, the 77.00 and 76.50 levels may be on the agenda. Support: 77.50 Resistance: 79.00