BRENT

The increase in global demand-related concerns, especially China, pushed the geopolitical risk theme back a step. However, prices have not yet covered the path that would support downward expectations. Israeli attacks and the Houthis' ongoing attacks in the Red Sea are limiting the price decline. As long as pricing remains at and above the 82.00 - 82.50 support in the upcoming period, an upward outlook may be at the forefront. In possible increases, 83.50 and 84.50 levels may be targeted. As long as possible decreases are limited to the 82.00 - 82.50 support, new upside potential may occur. Therefore, it may be necessary to see the course below 82.00 and hourly closings for the continuation of the downward desire. In this case, 81.50 and 81.00 levels may come to the agenda. Support: 82.00 Resistance: 83.50