Oil Expects New Peaks with Sustained Upward Trajectory

The oil market is maintaining its resilience, with a sustained upward trajectory suggesting the potential for achieving new peaks, despite any interim corrections. West Texas Intermediate (WTI) has successfully transformed the previous resistance level of $80 into a foundational support level. It's expected to approach the next significant milestone at $84, as underlying market forces continue to support a rise in oil prices.

Resistance 3	Resistance 2	Resistance 1	Support 1	Support 2	Support 3
88	84	82	80	78	76