WTIUSD

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WTIUSD

Oil prices, which rose in the first half of the week under the leadership of geopolitical risk perception, were subject to sales in the second half, which led to weekly losses. High supply - weak demand concerns were effective in this. The course of European and US stock markets and US PCE inflation data can be followed during the day. A downward trend parallel to Brent oil is also dominant on the WTI side. WTI oil saw its highest level of 79.19 and its lowest level of 77.49 on the previous trading day. The 78.13 level can be followed in intraday upward movements. If this level is exceeded, the resistances of 78.76, 79.83 and 80.47 may become important. In possible pullbacks, 77.06, 76.43 and 75.36 will be monitored as support levels. Support: 77.06 - 76.43 Resistance: 78.13 - 78.76