WTIUSD

The US Energy Information Administration's announcement of a 3.2 million barrel increase in stocks was supportive for oil futures compared to the American Petroleum Institute's announcement of a 9.3 million barrel increase. On the other hand, OPEC+'s extension of the production cut agreement was the most talked about topic for the positive performance in the first quarter. The course of European and US stock markets can be followed during the day. As long as the 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, 82.00 and 82.50 levels can be targeted. In possible decreases, as long as the 80.50 - 81.00 support level remains current, new increase 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: 81.00 - 80.50 Resistance: 82.00 - 82.50