WTIUSD

Oil futures contracts had a very active process after the increase that occurred until yesterday morning hours, but it was suppressed and ended its upward outlook for now. Weak demand expectations regarding China still pose a question mark. The course of European and US stock exchanges can be followed during the day. An upward trend parallel to Brent oil is also dominant on the WTI side. WTI oil saw its highest level of 82.20 and its lowest level of 80.55 on the previous trading day. The 81.18 level can be followed in intraday upward movements. If this level is exceeded, the resistances of 81.81, 82.82 and 83.45 may become important. In possible pullbacks, 80.17, 79.54 and 78.52 will be monitored as support levels. Support: 80.17 – 79.54 Resistance: 81.18 – 81.81