WTIUSD

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WTIUSD

Crude oil is at the pivot level of 68.845. Resistance: 69.672-70.485-71.008; Support: 68.023-67.430-66.107. The low U.S. unemployment claims may indicate strong economic activity, which could increase oil demand. The fact that some members of the FOMC did not support a rate cut in 2025 could negatively affect economic growth and oil demand. Although there may be inverse pricing in relation to the increase in inventories, it is anticipated that any upward movements may remain limited.

Support :

68.023 67.430 66.107

Resistance :

70.485 69.672 68.845