Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives 3% As OPEC+ Plans To Boost Supply

Natural Gas

Natural gas gained upside momentum and is trying to settle above the resistance at $3.25 – $3.30.

In case this attempt is successful, natural gas will move towards the resistance at $3.55 – $3.60.

WTI Oil

WTI oil found itself under strong pressure as traders focused on OPEC+ plans to boost production at its meeting on Sunday.

A move below the $63.00 level will push WTI oil towards the support level at $60.00 – $60.50.

Brent Oil

Brent oil tests support at $67.50 – $68.00 as traders focus on rising production from OPEC+ countries.

In case this test is successful, Brent oil will move towards the next support level, which is located in the $64.50 – $65.00 range.

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