BRENT

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BRENT

Oil prices have attempted to recover from support areas after the decline that occurred yesterday. Throughout the week, we have been following the mutual effects of the weak demand outlook and the speculation that OPEC+ will extend the production cut decision to the second quarter. As long as pricing remains above the 81.50 support, an upward outlook may be at the forefront in the upcoming process. In possible increases, 82.50 and 83.00 levels may be targeted. In possible decreases, as long as the 81.50 support remains current, new upward potential may occur. Therefore, it may be necessary to see the course below 81.50 and hourly closings for the continuation of the downward desire. In this case, the 81.00 level may come to the agenda. As long as pricing remains above the 81.50 support in the upcoming process, an upward outlook may be at the forefront. Support: 81.00 Resistance: 83.00