WTIUSD

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WTIUSD

Oil futures maintained their upward outlook, supported by the American Petroleum Institute's announcement of a 2.4 million barrel decrease in stocks. As long as intraday prices remain above the 77.00 - 77.50 support, an upward outlook may be at the forefront. In possible increases, 78.50 and 79.00 levels may be targeted. In possible decreases, as long as the 77.00 - 77.50 support remains current, new upside potential may occur. Therefore, it may be necessary to see the course below 77.00 and hourly closings for the continuation of the downward desire. In this case, 76.50 and 76.00 levels may come to the agenda. Support: 77.50 - 77.00 Resistance: 78.50 - 79.00