WTIUSD

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WTIUSD

Oil prices started the week with losses due to concerns about weak demand. Important data will be monitored in the US throughout the week. Inflation is at the top of the list. In addition, we will continue to follow the production and stock figures in the US and the Middle East agenda. In the upcoming period, as long as the prices remain at and below the 76.50 - 77.00 resistance, a downward outlook may be at the forefront. In possible declines, the 75.50 and 75.00 levels may be targeted. In possible recoveries, as long as the 76.50 - 77.00 resistance remains current, a new downward potential may occur. Therefore, it may be necessary to see the course above 77.00 and hourly closings for the continuation of the upward demand. In this case, the 77.50 and 78.00 levels may come to the agenda. In the upcoming period, as long as the prices remain at and below the 76.50 - 77.00 resistance, a downward outlook may be at the forefront. Support: 75.00 Resistance: 77.00