WTIUSD

Oil futures are testing their lowest levels since the first half of June due to the weakening demand outlook. The course of European and US stock markets and the stock figures to be announced by the American Petroleum Institute can be followed during the day. A downward trend parallel to Brent oil is also dominant on the WTI side. WTI oil saw a high of 77.24 and a low of 74.99 on the previous trading day. The 76.91 level can be followed in intraday upward movements. If this level is exceeded, the 77.84, 78.47 and 79.10 resistances may become important. In possible pullbacks, 75.59, 74.84 and 73.83 will be monitored as support levels. Support: 77.55 – 76.88 Resistance: 75.59 – 74.84