Advertisement
Advertisement

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats Amid Signs Of Progress In U.S. – Iran Talks

By:
Vladimir Zernov
Published: May 27, 2025, 18:43 GMT+00:00

Key Points:

  • Natural gas tests resistance at $3.35 - $3.40.
  • WTI oil pulled back towards the $61.00 level.
  • Brent oil declined towards $64.00.
Natural Gas, WTI Oil, Brent Oil Forecasts

Natural Gas

Natural Gas
Natural Gas 270525 Daily Chart

Natural gas rebounded from session lows and tested the nearest resistance level at $3.35 – $3.40.

If natural gas climbs above the $3.40 level, it will head towards the next resistance, which is located in the $3.60 – $3.65 range.

WTI Oil

WTI Oil
WTI Oil 270525 Daily Chart

WTI oil pulled back amid reports indicating that the U.S. and Iran reached progress in nuclear deal talks.

If WTI oil settles below the $60.00 level, it will move towards the support at $57.50 – $58.00.

Brent Oil

Brent Oil
Brent Oil 270525 Daily Chart

Brent oil is moving lower as traders worry that OPEC+ will continue to increase supply in the upcoming months.

If Brent oil declines below the $64.00 level, it will move towards the support at $62.00 – $62.50.

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.

Advertisement