Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As U.S. Imposes Additional Iran-Related Sanctions

By:

Vladimir Zernov

Published: Jun 20, 2025, 18:47 GMT+00:00

Natural Gas, WTI Oil, Brent Oil Forecasts

Key Points:

Natural gas pulled back amid profit-taking.
WTI oil moved lower as traders focused on new Iran-related sanctions.
Brent oil pulled back towards the $77.00 level.

Natural Gas

Natural Gas 200625 Daily Chart

Natural gas tested new highs but lost momentum and pulled back as traders rushed to take profits off the table.

If natural gas settles below the $3.85 level, it will head towards the 50 MA at $3.75.

Loading

WTI Oil

WTI Oil 200625 Daily Chart

WTI oil pulled back as U.S. introduced additonal Iran-related sanctions. Markets view this move as a sign that U.S. prefers to use diplomatic methods in its relations with Iran.

The technical picture remains unchanged as WTI oil is stuck in a wide range between the support at $71.50 – $72.00 and resistance at $77.00 – $77.50.

Brent Oil

Brent Oil 200625 Daily Chart

Brent oil has also moved away from recent highs as geopolitical risk premium declined.

A successful test of the support at $75.00 – $75.50 will push Brent oil towards the next support level at $71.00 – $71.50.

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 forecasts

For a look at all of today’s economic events, check out our economic calendar.

Loading

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.

Latest news and analysis

Loading