WTIUSD

The US Energy Information Administration's announcement of a 1.8 million barrel increase in stocks suppressed the recovery effort created by expectations of a decrease in stocks, pulling oil futures contracts down even further. The course of European and US stock exchanges can be followed during the day. A downward trend parallel to Brent oil prevails on the WTI side. WTI oil saw a high of 78.32 and a low of 77.19 on the previous trading day. The 77.56 level can be followed in intraday upward movements. If this level is exceeded, the 77.94, 78.70 and 79.08 resistances may become important. In possible pullbacks, the 76.81, 76.43 and 75.67 support levels will be monitored. Support: 76.43 - 75.67 Resistance: 77.94 - 78.70