WTIUSD

Oil futures contracts followed a calm course in the Asian session after encountering resistance again in the increases they made yesterday and then declined. While the Houthis' ongoing attacks in the Black Sea kept tensions high, the US Energy Information Administration's announcement of a 1.4 million barrel increase in stocks had created pressure. The course of European and US stock exchanges can be followed during the day. As long as pricing remains at and above the 78.00 - 78.50 support level in the upcoming period, an upward trend may be at the forefront. In possible increases, 79.50 and 80.00 levels can be targeted. As long as possible decreases are limited to the 78.00 - 78.50 support level, new upside potential may occur. Therefore, it may be necessary to see the course below 78.00 and 4-hour closings for the continuation of the downward desire. In this case, the 77.50 and 77.00 levels may come to the agenda. Support: 78.00 - 77.50 Resistance: 79.50 - 80.00