BRENT

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. Brent oil saw a highest level of 83.09 and a lowest level of 81.75 on the previous trading day. Brent oil, which followed a buying course on the last trading day, gained 0.3% daily. The RSI indicator for the commodity, which is above its 20-day moving average, is at 50.62, while its momentum is at 99.13. The 82.91 level can be followed in intraday upward movements. If this level is exceeded, the 83.67 and 84.25 resistances may become important. In possible pullbacks, 81.57, 80.99 and 80.22 will be monitored as support levels. Support: 81.57 - 80.99 Resistance: 82.91 - 83.67