Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As U.S. Navy Shoots Down Iranian Drone

Natural Gas

Natural gas gains some ground as some traders are ready to bet on a rebound after the strong pullback.

In case natural gas settles above the $3.30 level, it will head towards the nearest resistance at $3.50 – $3.55.

WTI Oil

WTI oil attempts to rebound after the sell-off, which was triggered by U.S. – Iran negotiations.

A move above the $64.00 level will push WTI oil towards the resistance at $65.50 – $66.00.

Brent Oil

Brent oil is moving higher as traders buy the dip. Traders are also focused on geopolitical news. U.S. Navy shot down an Iranian drone, which was moving towards an aircraft carrier in the Arabian Sea.

If Brent oil climbs above the $68.00 level, it will head towards the resistance at $69.50 – $70.00.

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