BRENT

After the Iranian Foreign Minister gave a positive signal about the Israel-Hamas ceasefire, oil futures started the week with a decline, but we saw that most of the losses were recovered in a short time. While geopolitical risks have been pushing prices up recently, we are watching that the supply-demand balance still supports the potential for downward pressure. The course of European and US stock markets can be followed during the day. As long as pricing remains at and above the 81.00-81.50 support level in the upcoming period, an upward trend may be at the forefront. In possible increases, the 82.50 and 83.00 levels can be targeted. As long as possible decreases are limited to the 81.00-81.50 support level, new upside potential may occur. Therefore, it may be necessary to see the course below 81.00 and hourly closings for the continuation of the downward desire. In this case, the 80.50 and 80.00 levels may come to the agenda. Support: 81.00 Resistance: 82.50