BRENT

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BRENT

The US Energy Information Administration's announcement of a 3.5 million barrel increase in stocks, despite higher expectations of increases, still highlighted concerns about weak demand, causing a pullback in oil futures to be monitored. The course of European and US stock markets can be followed during the day. In the upcoming process, as long as pricing remains at and above the 82.50 - 83.00 support, an upward outlook may be at the forefront. In possible increases, 83.50 and 84.00 levels may be targeted. In possible decreases, as long as the 82.50 - 83.00 support remains current, a new upward potential may occur. Therefore, in order for the decline to continue, it may be necessary to see the course below 82.50 and hourly closings. In this case, the 82.00 and 81.50 levels may be on the agenda. In the upcoming process, as long as pricing remains at and above the 82.50 - 83.00 support, an upward outlook may be at the forefront. Support: 82.50 Resistance: 84.00