WTIUSD

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WTIUSD

Oil prices have started to show recovery efforts, especially since the middle of the week we left behind. The US Energy Information Administration's announcement of a 6.4 million barrel decrease in stocks was effective in this. There will be an intensive data flow in the US next week as well as a Fed monetary policy statement. On the other hand, we will be following the production - stock figures as every week. A downward trend parallel to Brent oil dominates on the WTI side. WTI oil saw a high of 84.17 and a low of 83.10 on the previous trading day. The 83.57 level can be followed in intraday upward movements. If this level is exceeded, the 84.04, 84.64 and 85.11 resistances may become important. In possible pullbacks, 82.97, 82.50 and 81.90 will be monitored as support levels. . Support: 82.97 - 82.50 Resistance: 84.04 - 84.64