WTIUSD

Oil prices have strengthened their upward movement after Ukraine’s estimated refinery capacity of 600,000 to 900,000 barrels per day was disabled in the drone attacks against Russia. While OPEC+’s policy of cuts continues to support the rise, the stronger-than-expected course of industrial production in China also supported the picture. The course of European and US stock exchanges and the stock figures to be announced by the American Petroleum Institute can be followed during the day. WTI oil saw a high of 82.46 and a low of 80.55 on the previous trading day. The 81.73 level can be followed in intraday downward movements. In case of falling below this level, supports at 81.00, 79.81 and 79.08 may become important. In possible increases, resistance levels at 82.91, 83.65 and 84.83 will be monitored. Support: 81.73 – 81.00 Resistance: 82.46 – 82.91