WTIUSD

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WTIUSD

Oil futures consolidated their gains with the support provided by the US Energy Information Administration's announcement of a 3.7 million barrel decrease in stocks, as well as the Iran-Israel tension. The course of European and US stock markets 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 75.04 and a low of 71.99 on the previous trading day. The 74.90 level can be followed in intraday downward movements. In case of falling below this level, supports at 73.77, 71.86 and 69.72 may become important. In possible increases, resistance levels of 76.81, 77.95 and 78.86 will be monitored. Support: 74.90 - 73.77 Resistance: 76.81 - 77.95