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Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground On Russian Supply Risks
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Key Points:
- Natural gas traders switch to November 2025 contract.
- WTI oil moves higher as traders weigh Russian supply risks.
- Brent oil attempts to settle above the $70.00 level.
Natural Gas
Natural gas settled near the $3.20 level as traders switched from October 2025 contract to November 2025 contract.
If natural gas settles above the resistance at $3.25 – $3.30, it will move towards the next resistance level at $3.55 – $3.60.
WTI Oil
WTI oil is moving higher as traders focus on the continuation of drone attacks on Russian oil infrastructure.
A successful test of the resistance at $66.00 – $66.50 will push WTI oil towards the next resistance level at $71.50 – $72.00.
Brent Oil
Brent oil gains ground as traders focus on risks to Russian oil supply. Currently, Brent oil is trying to settle above the $70.00 level.
In case this attempt is successful, Brent oil will move towards the nearest resistance at $71.00 – $71.50.
For a look at all of today’s economic events, check out our economic calendar.
About the Author
Vladimir Zernovauthor
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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