Natural Gas
Natural gas rebounds after yesterday’s sell-off as traders focus on bullish changes in weather forecasts.
In case natural gas settles above the resistance at $4.60 – $4.65, it will move towards the next resistance level at $5.00 – $5.05.
WTI Oil
WTI oil is swinging between gains and losses as traders react to the EIA report, which indicated that crude inventories increased by +2.8 million barrels from the previous week.
In case WTI oil declines below the $58.00 level, it will head towards the support, which is located in the $55.50 – $56.00 range.
Brent Oil
Brent oil is mostly flat as traders stay focused on geopolitical developments and wait for news on potential Russia – Ukraine peace talks.
The technical picture remains unchanged as Brent oil needs to settle below the $62.00 level to gain additional downside momentum in the near term.
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 forecastsFor a look at all of today’s economic events, check out our economic calendar.