Natural Gas

Natural gas remains under pressure as traders stay focused on bearish weather forecasts.
In case natural gas declines below the $2.70 level, it will move towards the support at $2.50 – $2.55.
WTI Oil

WTI oil gains some ground as traders react to the EIA report, which indicated that crude inventories decreased by -6 million barrels from the previous week.
From the technical point of view, WTI oil is slowly sliding towards the support at $60.00 – $60.50.
Brent Oil

Brent oil moved higher as traders focused on EIA data and geopolitical developments.
A move above $67.00 will lead to the test of the nearest resistance at $67.50 – $68.00.
Natural Gas Price Forecast
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