BRENT

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BRENT

While oil prices are trying to maintain their gains with geopolitical risks, they are also supported by speculation that OPEC+ will not change its production cut policy. The organization is expected to meet next week. The course of European and US stock markets can be followed during the day. As long as pricing remains at and above the 86.00 - 85.50 support level in the upcoming period, an upward outlook may be at the forefront. In possible increases, 87.50 and 87.00 levels can be targeted. In possible decreases, as long as the 85.00 - 85.50 support level remains current, new increase potential may occur. Therefore, it may be necessary to see the course below 85.00 and 4-hour closings for the continuation of the downward desire. In this case, 84.50 and 84.00 levels may come to the agenda. Support: 86.00 - 85.50 Resistance: 87.00 - 87.50