Natural Gas
Natural gas rebounded from multi-week lows and climbed back above the $3.35 level.
In case natural gas settles above $3.50, it will head towards the nearest resistance, which is located in the $3.70 – $3.75 range.
WTI Oil
WTI oil gained some ground as traders remained focused on protests in Iran. It should be noted that there were no disruptions in oil supply from the country.
A successful test of the resistance at $60.50 – $61.00 will push WTI oil towards the $63.00 level.
Brent Oil
Brent oil continues to move higher amid rising geopolitical tensions. However, it remains to be seen whether Brent oil will be able to gain additional momentum in case Iran protests calm down.
The technical picture remains unchanged as Brent oil needs to settle above the $65.00 level to gain additional momentum.
Natural Gas Price Forecast
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