WTIUSD

WTI Crude Oil is fluctuating just below the pivot level of $68.298. The Crude Oil Inventory data to be released on Wednesday will be the most significant event of the week for prices. An unexpected decline in inventories could push oil prices towards the resistance levels of $69.108 and $69.868. On the other hand, if inventories increase, selling pressure may rise, bringing the support levels of $67.538 and $66.728 into focus. The proximity of prices to the pivot level indicates that the market is indecisive ahead of the inventory data.