WTIUSD

WTIUSD - Following the decision to postpone the production increase, sharp sales have been observed in the crude oil market, where price movements are occurring outside of a downward trend. With rising demand for electric vehicles, a decrease in demand is evident. For oil, where increases are expected to remain limited in the upcoming period, support levels are at 67.49 and 66.16, while resistance levels are at 69.39 - 69.96. Considering the mentioned reasons, taking long positions is seen as risky. Decisions that OPEC+ members will jointly adopt, which could increase volatility, should be closely monitored.