WTIUSD

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WTIUSD

OPEC+ statements were effective in starting the week with losses in oil futures. The organization announced that production cuts will continue in the third quarter and that the cuts will be gradually lifted over the next 12 months. The course of European and US stock exchanges can be followed during the day. A downward trend parallel to Brent oil is also dominant on the WTI side. WTI oil saw a high of 78.45 and a low of 76.52 on the previous trading day. The 77.35 level can be followed in intraday upward movements. If this level is exceeded, the resistances of 78.19, 79.28 and 80.12 may become important. In possible pullbacks, 76.26, 75.42 and 74.33 will be monitored as support levels. Support: 76.26 - 75.42 Resistance: 78.19 - 79.28