Natural Gas

Natural gas continues its attempts to rebound after the recent pullback, which was triggered by bearish weather forecasts.
A move above the $4.15 level will push natural gas towards the next resistance level at $4.25 – $4.30.
WTI Oil

WTI oil settled near the $67.00 level as traders evaluated negotiations about potential ceasefire between Russia and Ukraine.
The technical picture remains unchanged as WTI oil needs to settle back above the $67.50 level to have a chance to gain sustainable upside momentum in the near term.
Brent Oil

Brent oil gains some ground ahead of the weekend as traders wait for additional catalysts.
A move above the resistance at $71.00 – $71.50 will provide Brent oil with an opportunity to gain additional upside momentum.
Natural Gas Price Forecast
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