WTIUSD

While crude oil prices are under pressure from sales, Trump's plans for talks with Iran are creating pressure in pricing, and trade threats towards China are raising global demand concerns. The decisions of OPEC+ to increase production continue to put pressure on prices, and the increase in U.S. production and strategic reserve accumulations make it difficult to surpass the resistance level of $70.00 in the medium term. Technical indicators suggest consolidation in the range of $71.00-$58.00, and U.S. crude oil stock data will be decisive for short-term price movements. The trajectory of geopolitical risks in the Middle East and expectations for global economic activity stand out as key factors that will determine the direction of oil prices in the coming weeks. It is anticipated that upward movements may remain limited in the short term based on technical analysis.