BRENT

Oil futures contracts maintained their under-pressure outlook while evaluating stock figures and monitoring the Middle East agenda. While the American Petroleum Institute announced an increase of approximately 500 thousand barrels in stocks, the data to be announced by the US Energy Information Administration today will be monitored. On the other hand, Israel entered Rafah and the process is being closely monitored. In general, a downward trend is seen. Brent oil saw a high of 83.70 and a low of 82.28 on the previous trading day. Brent oil, which followed a selling trend on the last trading day, lost 0.57% daily. The RSI indicator for the commodity, which is below its 20-day moving average, is at 34.76, while its momentum is at 95.78. The 82.96 level can be followed in intraday upward movements. If this level is exceeded, the resistances of 83.64, 84.37 and 85.05 may become important. In possible pullbacks, 82.22, 81.54 and 80.81 will be monitored as support levels. Support: 82.22 – 81.54 Resistance: 83.64 – 84.37