Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Traders Shrug Off Geopolitical Tensions

By:

Vladimir Zernov

Published: Jan 6, 2026, 18:45 GMT+00:00

Natural Gas, WTI Oil, Brent Oil Forecasts

Key Points:

Natural gas pulled back below the $3.40 level.
WTI oil declined towards the $57.50 level as traders focused on supply/demand balance.
Brent oil pulled back towards the $61.00 level.

Natural Gas

Natural Gas 060126 Daily Chart

Natural gas remains under pressure amid lack of bullish catalysts. Currently, natural gas is moving towards the support level at $3.25 – $3.30.

In case natural gas declines below $3.25, it will head towards the next support at $3.05 – $3.10.

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WTI Oil

WTI Oil 060126 Daily Chart

WTI oil pulled back as traders continued to evaluate the potential impact of recent events in Venezuela.

If WTI oil settles below the $57.50 level, it will move towards the nearest support, which is located in the $55.50 – $56.00 range.

Brent Oil

Brent Oil 060126 Daily Chart

Brent oil is moving lower amid broad pullback in the oil markets. Traders focus on rising supply.

A move below the $60.50 level will open the way to the test of December lows near the $59.00 level.

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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