The barrel price of Brent oil, which rose to $74.40 yesterday, finished the day at $74.23. The barrel price of Brent oil increased by approximately 0.07 percent compared to the closing date at 09.18 today, reaching 74.28 dollars. At the same hour, West Texas Intermediate (WTI) crude oil was sold at $70.18 per barrel.
The increasing tension between Russia and Ukraine continues to be effective in the fluctuation in prices.
Ukrainian Air Force reported yesterday that the Russian army used various bombs, including intercontinental ballistic missiles, in the air attack on the country.
In his speech on the state television channel on the same day, Russian President Vladimir Putin stated that they have the right to use their own weapons against countries that allow them to use their weapons on Russian territory and said, “I advise the ruling elites of the countries that are planning to use their military units against Russia to think seriously about this.” .” he said.
According to the news in the British press on November 20, Ukraine used the long-range “Storm Shadow” cruise missiles supplied by the UK on Russian territory for the first time.
This development came after the news that the US administration allowed the long-range Land Tactical Missile Systems (ATACMS) missiles it supplied to Ukraine to be used on Russian territory on a limited basis.
On the other hand, concerns about the oil demand of the USA and China, the world’s largest oil consuming countries, continue to limit the rise in prices.
It is stated that technically $ 76.28 can be watched as resistance and $ 71.81 as support in Brent oil.
