Oil turned lower as Saudi Arabia sought to resume flows on a vital pipeline and there were growing signs of diplomatic efforts to reopen the Strait of Hormuz.
Market managed to test support trend 89.80 while as long as market holding trades above 87.35 a rebound correction toward 93.70 is likely
Below 87.35 more drops toward 84.00 is expected
| SUPPORT | RESISTANCE | |
| LEVEL1 | 89.80 | 93.70 |
| LEVEL2 | 87.35 | 95.90 |
| LEVEL3 | 84.00 | 101.35 |