Natural Gas
Natural gas rallied as traders focused on colder weather forecasts. Current demand for natural gas is high, which provides additional support to prices.
In case natural gas settles above the resistance at $4.60 – $4.65, it will head towards the next resistance level at $5.00 – $5.05.
WTI Oil
WTI oil gains ground as traders focus on the impact of sanctions on Russian oil companies. Recent reports indicate the international assets of Russia’s Lukoil face serious problems.
A move above the 50 MA at $61.41 will open the way to the test of the resistance level at $66.00 – $66.50.
Brent Oil
Brent oil attempts to settle above the resistance at $64.50 – $65.00 amid broad rally in the energy markets.
In case this attempt is successful, Brent oil will head towards the next resistance level at $69.00 – $69.50.
Natural Gas Price Forecast
Every new Natural Gas analysis as it publishes, today's technical signal and key levels, live price — on one page.
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