BRENT

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BRENT

After Saudi Arabia reduced sales prices, concerns about demand increased further, causing oil prices to experience significant losses. Although we observed a calmer picture in the Asian session, the trend continues below the averages. The course of European and US stock exchanges can be followed during the day. As long as the prices remain below the 76.50 - 77.00 resistance in the upcoming period, a downward outlook may be at the forefront. In possible declines, the 75.50 and 75.00 levels can be targeted. In possible recoveries, the attitude of the 76.50 - 77.00 resistance can be followed. The breakdown of this resistance and possible hourly closings in the region may bring the 77.50 and 78.00 levels to the agenda. As long as the prices remain below the 76.50 - 77.00 resistance in the upcoming period, a downward outlook may be at the forefront. Support: 75.00 Resistance: 77.00