WTIUSD

In addition to the tension between Israel and Egypt, another ship attack in the Red Sea increased geopolitical risk sensitivity and pulled oil futures contracts up. The course of European and US stock markets and the stock figures to be announced by the American Petroleum Institute can be followed during the day. As long as the prices remain at and above the 79.00 - 79.50 support during the day, an upward trend may be at the forefront. In possible increases, 80.50 and 81.00 levels can be targeted. An upward trend dominates the WTI side. WTI oil saw a high of 80.08 and a low of 78.35 on the previous trading day. In intraday downward movements, the 79.50 level can be followed. In case of falling below this level, the 78.91, 77.76 and 77.18 supports may become important. In possible increases, 80.65, 81.23 and 82.38 will be monitored as resistance levels. Support: 79.50 - 78.91 Resistance: 80.65 - 81.23