BRENT

With the drone attacks carried out by Ukraine against Russia, which rendered the country ineffective by approximately 600 thousand to 900 thousand barrels/day, oil prices have reinforced their upward movement. While the OPEC+ policy of cuts continues to support the rise, the stronger-than-expected course of industrial production in China also supported the picture. The stock figures to be announced by the American Petroleum Institute can be followed during the day. Brent oil saw a highest level of 86.62 and a lowest level of 84.82 on the previous trading day. Brent oil, which followed a buying course on the last trading day, gained 1.78% daily. The RSI indicator for the commodity, which is above its 20-day moving average, is at 68.68, while its momentum is at 105.64. The 85.93 level can be followed in intraday downward movements. In case of falling below this level, the supports of 85.25, 84.13 and 83.45 may become important. In possible increases, 87.05, 87.74 and 88.85 will be monitored as resistance levels. Support: 85.93 - 85.25 Resistance: 87.05 - 87.74