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Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Retreat As U.S. Attempts To Negotiate Russia – Ukraine Peace Deal

By:
Vladimir Zernov
Published: Nov 21, 2025, 18:58 GMT+00:00

Key Points:

  • Natural gas tests resistance at $4.60 - $4.65.
  • WTI oil remains under pressure as traders focus on the potential peace deal between Russia and Ukraine.
  • Brent oil declined below the $62.50 level.
Natural Gas, WTI Oil, Brent Oil Forecasts

Natural Gas

Natural Gas 211125 Daily Chart

Natural gas  gains ground as traders focus on colder weather trends. Current demand for natural gas is low, but traders expect that it will increase at the end of the month.

A successful test of the resistance at $4.60 – $4.65 will open the way to the test of the next resistance level, which is located in the $5.00 – $5.05 range.

WTI Oil

WTI Oil 211125 Daily Chart

WTI oil is under pressure as U.S. continues to push for Russia-Ukraine peace deal.

If WTI oil stays below the $58.00 level, it will head towards the support at $55.50 – $56.00.

Brent Oil

Brent Oil 211125 Daily Chart

Brent oil retreats as traders worry that Russian oil exports will increase after a potential peace deal.

A move below the $62.00 level will push Brent oil towards the support at $60.50 – $61.00.

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

About the Author

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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