WTIUSD

In the OPEC monthly report, while Iraqi production exceeding the specified quota overshadowed the decision to extend the quota until the end of June, to a limited extent, the American Petroleum Institute's 5.5 million barrel decrease in stocks did not change this picture. The increase in inflation in the US also had an impact on this picture. The course of European and US stock exchanges and the stock figures to be announced by the US Energy Information Administration can be followed during the day. As long as the pricing remains at and above the 77.00 - 77.50 support in the upcoming process, an upward trend may be at the forefront. In possible increases, the 78.50 and 79.00 levels can be targeted. As long as possible decreases are limited to the 77.00 - 77.50 support, new upward potential may occur. Therefore, it may be necessary to see the course below 77.00 and 4-hour closings for the continuation of the downward desire. In this case, the 76.50 and 76.00 levels may come to the agenda. Support: 77.50 – 77.00 Resistance: 78.50 – 79.00