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WTIUSD

WTIUSD
WTIUSD
In oil prices, the most important agenda item of the day is the OPEC Meeting to be held at 13:00. Messages from the meeting regarding production policy and the global supply outlook may influence pricing. The U.S. Conference Board Consumer Confidence data, to be released in the second half of the day, will be closely monitored in terms of expectations regarding economic activity. Although a strong economic outlook may support energy demand, a rise in the U.S. Dollar Index may occasionally bring profit-taking in oil prices. Within this framework, the positive outlook is expected to remain intact in the technical outlook.
Support
80.23 – 79.07
Resistance
84.31 – 87.22

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