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 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 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.
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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.