WTIUSD

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WTIUSD

Although oil futures contracts declined yesterday after the US Energy Information Administration announced a 3.7 million barrel increase in stocks, the decline in question remained within the correction area after the gain experienced at the beginning of the week. The course of European and US stock exchanges can be followed during the day. As long as the pricing remains at and above the 77.50 - 78.00 support during the day, an upward outlook may be at the forefront. In possible increases, 78.50 and 79.00 levels can be targeted. In possible decreases, as long as the 77.50 - 78.00 support remains current, new increase potential may occur. Therefore, it may be necessary to see the course below 77.50 and hourly closings for the continuation of the downward desire. In this case, the 77.00 and 76.50 levels may come to the agenda. Support: 77.50 - 77.00 Resistance: 78.50 - 79.00