For some time, three main titles on pricing have come to the fore. U.S. oil production and price demands, sanctions against Iran and Venezuela, and the possibility of easing the OPEC-LED supply constraint. The eyes for Iran and Venezuela will be at the G7 Leaders ' Summit, which will begin today in Canada. Iran's OPEC administrator said today: no one at OPEC would accept US sanctions against two founding members (Iran and Venezuela), and warned that oil prices could reach 140 dollars if sanctions are implemented. Today, Russian news agencies are reporting that talks will be held between Russian Energy Minister Alexandr Novak and Saudi Arabia's Energy Minister Khalid Al-Falih regarding the situation of the World Cup in Russia. We will be following the news feeds for the rest of the day in terms of pricing. Also, information on the number of Baker Hughes drilling wells that will be announced in the United States in the evening may be important.Technically, we see partial retraction below 77.15 for now. In the event of continuation of this movement 76.50, 76.20 and 76.00 support areas can be followed. On the other hand, the resistance points that can be monitored are 77.35, 77.60, 77.90 and 78.25 if trading direction prices above 77.15 level occur.
