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Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Prices Test New Highs As Dollar Pulls Back

By:
Vladimir Zernov
Published: Aug 22, 2025, 18:40 GMT+00:00

Key Points:

  • Natural gas attempts to settle below the $2.70 level.
  • WTI oil is moving towards the $64.00 level.
  • Brent oil gains ground, supported by weak dollar.
NASDAQ Index, SP500, Dow Jones Forecasts

Natural Gas

Natural Gas
Natural Gas 220825 Daily Chart

Natural gas is under pressure as traders focus on strong production and cooler weather forecasts.

A successful test of the support at $2.70 – $2.75 will push natural gas towards the next support level at $2.50 – $2.55.

WTI Oil

WTI Oil
WTI Oil 220825 Daily Chart

WTI oil is moving higher as traders focus on the strong pullback of the American currency.

If WTI oil climbs above the $64.00 level, it will move towards the resistance at $66.00 – $66.50.

Brent Oil

Brent Oil
Brent Oil 220825 Daily Chart

Brent oil tests resistance at $67.50 – $68.00 as traders stay bullish ahead of the weekend.

In case this test is successful, Brent oil will move towards the 50 MA at $69.35.

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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