WTI

image

WTI

Oil prices climbed to their highest levels in 2 months during the week, in addition to data showing that stocks in the US have been declining, along with the attack on Russia's oil export facility and the US-led partnership continuing its attacks on the Houthis. The course of European and US stock exchanges can be followed during the day. As long as pricing remains at and above the 76.00 - 76.50 support level in the upcoming period, the upward trend may be one step ahead. In possible increases, 77.50 and 78.00 levels can be targeted. In possible decreases, as long as the 76.00 - 76.50 support level remains current, new upward potential may occur. Therefore, it may be necessary to see the course below 76.00 and hourly closings for the continuation of the downward desire. In this case, the 75.50 and 75.00 levels may come to the agenda. Support: 75.50 Resistance: 77.50