WTIUSD

According to the US Energy Information Administration; crude oil inventories decreased more than expected. Energy Information Administration data showed that US crude oil inventories decreased by 2.5 million barrels, exceeding expectations of a decrease of 400 thousand barrels. On the other hand, the cooling signs of US CPI data caused the Dollar Index to decline and both developments supported oil prices. The course of US stock markets and unemployment benefits applications can be followed in the rest of the day. As long as the prices move in the 78.00 - 79.00 region supported by the 20 and 50 period exponential moving averages, the decision phase scenario may be valid. 4-hour closings outside the region can be followed for direction search. In order for the positive trend to come to the fore, resistances of 79.50 and 80.00 may be encountered with a possible persistence above the 79.00 level. In order for the negative expectation to come to the fore, if persistent pricing is seen below the 78.00 level, the supports of 77.50 and 77.00 may come to the fore. Support: 78.00 - 77.50 Resistance: 79.50 - 80.00