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Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Stabilized After OPEC+ Decision

By: 
Vladimir Zernov
Natural Gas, WTI Oil, Brent Oil Forecasts

Key Points:

  • Natural gas moved higher as traders bet on rising demand.
  • WTI oil is flat as traders stay focused on recent OPEC+ decision.
  • Brent oil settled near the $65.50 level.

Natural Gas

Natural Gas
Natural Gas 071025 Daily Chart

Natural gas gains ground as traders focus on bullish changes in weather forecasts.

In case natural gas stays above the $3.45 level, it will head towards the resistance at $3.55 – $3.60.

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WTI Oil

WTI Oil
WTI Oil 071025 Daily Chart

WTI oil is swinging between gains and losses as traders evaluate OPEC+ decision to boost production by 137,000 bpd in November.

A move above the $62.00 level will push WTI oil towards the 50 MA at $63.73.

Brent Oil

Brent Oil
Brent Oil 071025 Daily Chart

Brent oil is mostly flat as traders wait for additonal catalysts. The market stabilized after OPEC+ decision, but traders remain worried about demand.

In case Brent oil climbs above the $66.00 level, it will move towards the resistance level at $67.50 – $68.00.

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

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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.

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