WTIUSD

WTI crude oil prices are attempting to rise ahead of the U.S. Crude Oil Inventories data to be announced on Wednesday, facing resistance levels of 68.779, 68.173, and 67.490. Staying above the pivot level of 66.961 ensures the preservation of upside potential, while the market will find direction with growth and demand signals from Powell. Support levels are at 66.278, 65.749, and 65.143; a greater-than-expected decrease in inventories could trigger upward movement. Cautious liquidity and geopolitical developments in the energy market should also be monitored.