WTIUSD

Oil prices climbed above averages yesterday after a downtrend, supported by strong consumer confidence data in the US. The American Petroleum Institute's announcement of a 2.5 million barrel decrease in stocks could not prevent limited profit sales. During the day, the stock figures to be announced by the US Energy Information Administration and finally the Fed's monetary policy statement can be followed. As long as pricing remains at and above the 77.00 - 77.50 support in the upcoming process, the upward trend may be one step ahead. In possible increases, 78.00 and 78.50 levels can be targeted. In possible decreases, as long as the 77.50 - 77.50 support remains current, new upside potential may occur. Therefore, it may be necessary to see the course below 77.00 and 4-hour closings for the continuation of the downward desire. In this case, the 76.50 and 76.00 levels may come to the agenda. Support: 76.50 Resistance: 78.50