Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Soars As Trump Gives Russia 10 Days To Reach Ukraine Truce

Natural Gas

Natural gas gained ground as traders switched from August 2025 contract to September 2025 contract.

In case natural gas settles back above the $3.25 level, it will head towards the resistance at $3.35 – $3.40.

WTI Oil

WTI oil rallied as U.S. President Trump gave Russia 10 days to reach a truce with Ukraine. Russia is widely expected to ignore Trump’s call, and the market prepares for additional pressure on Russian oil exports.

A move above the $70.00 level will push WTI oil towards the resistance level at $71.50 – $72.00.

Brent Oil

Brent oil tests multi-week highs as geopolitical premium increased. Traders will focus on Russia’s reaction to Trump’s tariff threats.

If Brent oil stays above the resistance at $71.00 – $71.50, it will head towards the next resistance level, which is located in the $75.00 – $75.50 range.

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