BRENT

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BRENT

Oil prices followed a calm course in the Asian session ahead of the OPEC report to be released today. The course of the European and US stock markets and the inventory figures to be announced by the American Petroleum Institute can be followed along with the report during the day. It is seen that there is a general downward trend. Brent oil saw a high of 83.59 and a low of 82.04 on the previous trading day. Brent oil, which followed a buying course on the last trading day, gained 0.87% daily. The RSI indicator for the commodity, which is below its 20-day moving average, is at 39.94, while its momentum is at 94.60. The 82.95 level can be followed in intraday downward movements. If this level is dropped, the supports at 82.31, 81.40 and 80.76 may become important. In possible increases, the resistance levels of 83.86, 84.50 and 85.41 will be monitored. Support: 82.31 – 81.40 Resistance: 83.86 – 84.50