BRENT

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BRENT

In the OPEC monthly report, while the fact that Iraqi production exceeded 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 markets 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 81.50 - 82.00 support in the upcoming period, an upward trend may be at the forefront. In possible increases, the 83.00 and 83.50 levels can be targeted. As long as possible decreases are limited to the 81.50 - 82.00 support, new upward potential may occur. Therefore, it may be necessary to see the course below 81.50 and 4-hour closings for the continuation of the downward desire. In this case, the 81.00 and 80.50 levels may come to the agenda. Support: 82.00 – 81.50 Resistance: 83.00 – 83.50