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WTIUSD

WTIUSD
WTIUSD
In oil markets, geopolitical developments and expectations regarding energy supply are decisive in pricing. While the escalating tension along the Israel-Iran line increases concerns regarding supply security, U.S.-Iran negotiations and developments regarding the Strait of Hormuz are also being closely monitored. Meanwhile, in assessments regarding the global growth outlook, data from Japan present a supportive picture, whereas data from Germany display a cautious outlook. Within this framework, while the upward trend is expected to be maintained, it is anticipated that sharp price movements driven by the news flow could be observed.
Support
93,72 – 92,45
Resistance
96,38 – 98,34

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