Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Are Mostly Flat In Choppy Trading

Natural Gas

Natural gas tested new lows as traders focused on warm weather forecasts and worried about weak demand.

If natural gas stays below the support at $3.35 – $3.40, it will move towards the next support level at $3.05 – $3.10.

WTI Oil

WTI oil is swinging between gains and losses as oil markets continue to stabilize after recent volatility.

From the technical point of view, WTI oil remains stuck below the nearest resistance level, which is located in the $62.50 – $63.00 range.

Brent Oil

Brent oil is losing some ground as traders worry about U.S. – China trade war and monitor tariff-related headlines.

A move above the $65.00 level will push Brent oil towards the resistance at $67.00 – $67.50.

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