WTIUSD

OPEC+'s announcement that it will gradually reduce production cuts starting in October caused pressure on oil futures at the beginning of the week, while declines continued gradually in the Asian session. The course of European and US stock markets and the inventory figures to be announced by the American Petroleum Institute 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 77.36 and a low of 73.92 on the previous trading day. The 75.08 level can be followed in intraday upward movements. If this level is exceeded, the resistances of 76.25, 78.52 and 79.69 may become important. In possible pullbacks, 72.81, 71.64 and 69.37 will be monitored as support levels. Support: 72.81 - 71.64 Resistance: 75.08 - 76.25