WTIUSD

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WTIUSD

OPEC+'s decision to extend the production cut until the end of June was effective in the rise of oil prices. US oil futures are moving close to their highest levels since November. At the same time, the disruptions regarding the ceasefire process for Gaza also supported this picture. US-focused headlines seem to be intense throughout the week. The course of European and US stock markets can be followed during the day. In the upcoming process, as long as the pricing remains above the 79.00 - 79.50 support, an upward outlook may be at the forefront. In possible increases, the 80.50 and 81.00 levels can be targeted. In possible decreases, as long as the 79.00 - 79.50 support remains current, a new rise potential may occur. Therefore, it may be necessary to see the course below 79.00 and hourly closings for the continuation of the downward desire. In this case, the 78.50 level may come to the agenda. Support: 79.00 Resistance: 80.50