BRENT

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BRENT

Despite the ongoing tensions in the Red Sea, the American Petroleum Institute data indicating that oil stocks in the US have increased has put pressure on prices. While the institution announced an increase of 1.8 million barrels in stocks, the official stock data to be announced by the US Energy Information Administration today will be followed. As long as the prices remain above the 79.00 support in the upcoming period, the upward potential may continue. The 80.00 and 80.50 levels may be targeted in the increases. In order for the possible decreases to remain effective from this stage onwards, it may be necessary to see the course below 79.00 and 4-hour closings. In this case, the 78.50 and 78.00 levels may come to the agenda. As long as the prices remain above the 79.00 support in the upcoming period, the upward view may be in the foreground. Support: 79.00 Resistance: 81.00