WTIUSD

Oil futures have come under pressure due to data on rising oil stocks in the US, despite the ongoing Iran-Israel tensions. The course of European and US stock markets and the Middle East agenda can be monitored during the day. As long as oil prices remain below the 76.50-77.00 resistance zone, downward pressure may continue and prices may fall to the 75.50 and 75.00 levels. If possible recoveries remain limited to the 76.50-77.00 resistance, new downside potential may occur. For the continuation of the rise, a course above the 77.00 level and 4-hour closings should be seen. In this case, the 77.50 and 78.00 levels can be targeted.