Skip to main content
Advertisement
Advertisement

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Some Ground Ahead Of The Weekend

By: 
Vladimir Zernov
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Some Ground Ahead Of The Weekend

Key Points:

  • Natural gas pulls back amid profit-taking.
  • WTI oil failed to settle above the $60.00 level.
  • Brent oil remained stuck below the $64.50 level.

Natural Gas

Natural Gas
Natural Gas 071125 Daily Chart

Natural gas is losing ground as traders take some profits off the table ahead of the weekend.

In case natural gas manages to settle above the $4.40 level, it will head towards the resistance at $4.60 – $4.65.

Loading

WTI Oil

WTI Oil
WTI Oil 071125 Daily Chart

WTI oil gained some ground as traders remained worried about rising production from OPEC+.

The technical picture is unchanged as WTI oil is stuck near the support at $60.00 – $60.50.

Brent Oil

Brent Oil
Brent Oil 071125 Daily Chart

Brent oil made an attempt to settle below the $64.00 level but lost momentum and pulled back.

In case Brent oil manages to settle below the $63.00 level, it will head towards the support at $60.50 – $61.00.

Natural Gas Price Forecast

Every new Natural Gas analysis as it publishes, today's technical signal and key levels, live price — on one page.

See all Natural Gas forecasts

For a look at all of today’s economic events, check out our economic calendar.

Loading

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.

Latest news and analysis

    Loading
Advertisement
Loading
Advertisement
Advertisement
Advertisement
Advertisement