WTIUSD

Crude oil is seeking balance around the pivot level of 66.077, following a larger-than-expected decrease in the EIA stock data announced yesterday (3.169 million barrels). This decline indicates that oil demand remains strong, as it exceeded expectations (1.400 million barrels). Today's PMI data and New Home Sales data from the US may provide clues about the overall direction of the economy and impact oil prices. If it maintains above the pivot, resistance levels of 66.679, 67.110, and 67.626 may be targeted. In the event of a decline below the pivot, support levels of 65.646, 65.044, and 64.527 will be monitored.