WTIUSD

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WTIUSD

Crude oil prices slightly increased due to a larger-than-expected decline in U.S. inventories and positive macro data. In particular, the stock decrease of -3.859M barrels supported the demand outlook, while the absence of an increase in the PPI eased inflationary pressures. The movement around the pivot of 67.355 is critical. Resistance levels are at 68.340, 68.702, and 69.376; support levels to be watched are 66.394, 66.008, and 65.325. Developments in demand and inventory will continue to be decisive for the direction.

Support :

66.394 - 66.008 - 65.325

Resistance :

68.702 - 68.340 - 67.355