WTIUSD

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WTIUSD

While the American Petroleum Institute's announcement of a 9.3 million barrel increase in crude oil stocks put pressure on oil prices, we saw an attempt to slow this down in the Asian session. However, the course of European and US stock markets during the day and the stock figures to be announced by the US Energy Information Administration may be effective in determining whether this situation will continue. As long as pricing remains at and above the 80.50 - 81.00 support level in the upcoming period, an upward outlook may be at the forefront. In possible increases, the 81.50 and 82.00 levels may be targeted. In possible decreases, as long as the 80.50 - 81.00 support level remains current, new upward potential may occur. Therefore, it may be necessary to see the course below 80.50 and 4-hour closings for the continuation of the downward desire. In this case, the 80.00 and 79.50 levels may be on the agenda. Support: 80.50 - 80.00 Resistance: 81.50 - 82.00