WTI

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WTI

Oil futures are trading near their highest levels since October, also due to the report showing that stocks in the US have declined ahead of today's OPEC talks. According to data released by the American Petroleum Institute, oil stocks have declined by 2.28 million barrels. In addition, whether the stock figures announced by the US Energy Information Administration confirm this decline will be monitored today. On the OPEC side, the current production cut policy is expected to be maintained. In the upcoming period, 85.50 and 86.00 levels can be targeted in possible increases. In possible decreases, as long as the 84.00 - 84.50 support remains current, new upside potential may occur. Therefore, it may be necessary to see the course below 84.00 and hourly closings for the continuation of the downward desire. In this case, 83.50 and 83.00 levels may come to the agenda. Support: 84.50 - 84.00 Resistance: 85.50 - 86.00