WTIUSD

Oil prices started the week with a limited decline due to the resumption of operations at Libya's largest production site after a 3-week hiatus. However, the disruption of shipments in the Red Sea and Israel's rejection of the hostage swap offer are still causing tensions in the region. The course of European and US stock exchanges can be followed during the day. As long as pricing remains below the 73.50 - 74.00 resistance in the upcoming period, the downward trend may be one step ahead. In possible declines, 72.50 and 72.00 levels can be targeted. In possible recoveries, as long as the 73.50 - 74.00 resistance remains current, new downward potential may occur. Therefore, it may be necessary to see the course above 74.00 and hourly closings for the continuation of the upward desire. In this case, 74.50 and 75.00 levels may come to the agenda. Support: 72.50 Resistance: 74.50