WTIUSD

Oil futures showed an increase during the Asian session. However, due to the pullback from the previous day, efforts to reach new peaks have not yet been successful. The United States' statement holding Iran responsible for potential attacks by the Houthis and opinions suggesting that a ceasefire in Ukraine will not be easy are among the significant headlines affecting market gains. The status of European and U.S. stock markets will also be closely monitored throughout the day.

Prices may exhibit an upward trend as long as they remain above the support level of 67.00 – 67.50. If upward movements occur, levels of 68.00 and 68.50 could be targeted. In the event of possible declines, maintaining the support level of 67.00 – 67.50 could create new upside potential. Therefore, it is essential to monitor movements below 67.00 for continued declines; in such a case, the level of 66.50 may come into focus.