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Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As Traders Focus On Trump-Zelenskiy Meeting

By: 
Vladimir Zernov
Natural Gas, WTI Oil, Brent Oil Forecasts

Key Points:

  • Natural gas attempts to settle above the $2.90 level.
  • WTI oil moved towards the $63.50 level.
  • Brent oil climbed above the $66.00 level.

Natural Gas

Natural Gas
Natural Gas 180825 Daily Chart

Natural gas managed to rebound from session lows and is trying to settle back above the $2.90 level.

In case this attempt is successful, natural gas will head towards the nearest resistance, which is located in the $3.00 – $3.05 range.

WTI Oil

WTI Oil
WTI Oil 180825 Daily Chart

WTI oil gains some ground as traders focus on Trump-Zelenskiy meeting. Oil markets showed little reaction to Trump-Putin meeting, and it remains to be seen whether traders are ready for big moves.

In case WTI oil settles back above the $64.00 level, it will head towards the resistance level at $66.00 – $66.50.

Brent Oil

Brent Oil
Brent Oil 180825 Daily Chart

Brent oil climbed back above the $66.00 level as traders remained focused on geopolitical news.

A move above $66.50 will push Brent oil towards the nearest resistance at $67.50 – $68.00.

Natural Gas Price Forecast

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About the Author

Vladimir ZernovFutures Trading Expert

Vladimir is an independent trader, with over 18 years of experience in the financial markets. His expertise spans a wide range of instruments like stocks, futures, forex, indices, and commodities, forecasting both long-term and short-term market movements.

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