WTIUSD

WTIUSD

Oil futures maintained their upward trend despite being subject to limited profit taking after yesterday's rise. The course of European and US stock markets and the data flow on the US side can be followed during the day. As long as the prices remain at and above the 82.50 - 83.00 support, the upward trend may be at the forefront. An upward trend parallel to Brent oil also dominates on the WTI side. WTI oil saw its highest level of 83.57 and its lowest level of 82.57 on the previous trading day. The 83.24 level can be followed in intraday downward movements. In case of falling below this level, the supports of 82.90, 82.23 and 81.89 may become important. In possible increases, the resistance levels of 83.91, 84.24 and 84.91 will be monitored. Support: 83.24 - 82.90 Resistance: 83.91 - 84.24