BRENT

It is seen that oil futures contracts increased their gains since yesterday. In this, in addition to the announcement of a 3.2 million barrel decrease in stocks by the American Petroleum Institute, it is also seen that the decision to impose sanctions on Iran is being weighed. Middle East tensions and OPEC+ cuts are other factors supporting the increase in a broader sense. The course of European and US stock markets and the stock figures to be announced by the US Energy Information Administration can be followed during the day. Brent oil, which followed a buying course on the last trading day, gained 1.25% daily. The RSI indicator for the commodity, which is below its 20-day moving average, is at 51.79, while its momentum is at 96.60. The 86.74 level can be followed in intraday downward movements. In case of falling below this level, the supports of 85.95, 84.44 and 83.65 may become important. In possible increases, 88.25, 89.04 and 90.55 will be monitored as resistance levels. Support: 85.95 – 84.44 Resistance: 88.25 – 89.04