WTIUSD

Oil prices continued to maintain their gains as the Houthis continued their attacks in the Red Sea. Although there was some loss due to concerns about weak demand at the beginning of the week, we saw that this was quickly compensated. The course of European and US stock markets can be followed during the day. As long as prices remain at and above the 77.50 - 78.00 support level, an upward outlook may be at the forefront. In possible increases, 79.00 and 79.50 levels may be targeted. As long as possible decreases are limited to the 77.50 - 78.00 support level, new upward potential may occur. Therefore, it may be necessary to see the course below 77.50 and hourly closings for the continuation of the downward desire. In this case, 77.00 and 76.50 levels may be on the agenda. As long as prices remain at and above the 77.50 - 78.00 support level, an upward outlook may be at the forefront. Support: 77.50 Resistance: 79.00