Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Traders Focus On OPEC Report

By:

Vladimir Zernov

Published: Aug 12, 2025, 18:23 GMT+00:00

Natural Gas, WTI Oil, Brent Oil Forecasts

Key Points:

Natural gas tests new lows as pullback continues.
WTI oil declined as traders focused on rising production from Saudi Arabia.
Brent oil pulled back towards the $66.00 level.

Natural Gas

Natural Gas 120825 Daily Chart

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

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

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WTI Oil

WTI Oil 120825 Daily Chart

WTI oil pulls back as traders react to OPEC report, which indicated that Saudi Arabia raised production by 170,000 bpd in July.

A move below the $63.00 level will push WTI oil towards the support at $60.00 – $60.50.

Brent Oil

Brent Oil 120825 Daily Chart

Brent oil declined towards the $66.00 level amid broad pullback in the oil markets.

From a big picture point of view, oil markets need significant positive catalysts to break the current bearish trend.

Natural Gas Price Forecast

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About the Author

Vladimir ZernovFutures Trading Expert

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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