WTIUSD

Oil futures followed a course that tried to balance after the American Petroleum Institute announced an increase of over 4 million barrels in stocks. We had watched losses come to the fore in the previous two days. The course of European and US stock exchanges and the stock figures to be announced by the US Energy Information Administration can be followed during the day. A downward trend parallel to Brent oil also prevails on the WTI side. WTI oil saw a high of 74.03 and a low of 72.46 on the previous trading day. The 73.74 level can be followed in intraday upward movements. If this level is exceeded, the 74.68 and 75.32 resistances may become important. In possible pullbacks, the 72.17, 71.53 and 70.60 support levels will be monitored. Support: 72.17 – 71.53 Resistance: 73.74 – 74.68