BRENT

Oil futures have given back some of their gains ahead of today's OPEC monthly report. At the beginning of the week, the uptrend was followed by optimism provided by OPEC's announcement that the decision to gradually lift the production cut was reversible. The Short-Term Energy Outlook (STEO) Report to be published by the US Energy Information Administration will also be followed today. Brent oil saw a high of 81.90 and a low of 79.34 on the previous trading day. Brent oil, which followed a buying trend on the last trading day, gained 3.19% daily. The RSI indicator for the commodity, which is above its 20-day moving average, is at 49.69, while its momentum is at 100.87. The 81.05 level can be followed in intraday downward movements. If this level is broken, the supports at 80.19, 78.48 and 77.63 may become important. In possible increases, 82.75, 83.61 and 85.32 will be monitored as resistance levels. Support: 81.05 – 80.19 Resistance: 82.75 – 83.61