Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Attempts To Rebound Ahead Of OPEC+ Meeting

Natural Gas

Natural gas retreats as weather forecasts show that demand will be weak in the upcoming days.

A successful test of the support at $3.25 – $3.30 will push natural gas towards the next support level at $3.00 – $3.05.

WTI Oil

WTI oil gained ground as traders took some profits off the table after the strong pullback.

If WTI oil declines below the support at $60.00 – $60.50, it will head towards the next support level at $55.50 – $56.00.

Brent Oil

Brent oil remained stuck near the support at $64.50 – $65.00 as traders were not ready for big moves ahead of OPEC+ meeting.

A move below the $64.50 level will open the way to the test of the support at $60.50 – $61.00.

For a look at all of today’s economic events, check out our economic calendar.