The price of barrels of Brent oil, which rose to $ 28.65 yesterday, completed the day at $ 27.15. Brent oil was traded at $ 28.01, with an increase of 3.16 percent compared to the closing at 09.00. In the same minutes, the West Texas crude oil (WTI) found buyers at $ 24.95 a barrel.
On the other hand, according to the estimates of the American Petroleum Institute (API), US crude oil stocks decreased by 1.25 million barrels.
The new type of coronavirus (Covid-19) epidemic pushes the rest of the world, as well as the price restraint between Russia and Saudi Arabia to push prices down.
Brent oil is technically stated that the range of $ 28.15 to $ 28.41 can be traced as a resistance zone and the range of $ 27.89 to $ 27.63 as a support zone.