Natural Gas
Natural gas is mostly flat amid lack of positive catalysts. From the technical point of view, natural gas is moving towards the support at $3.70 – $3.75.
A move below the $3.70 level will push natural gas towards the next support at $3.35 – $3.40.
WTI Oil
WTI oil gains ground as traders react to the EIA report, which showed that crude inventories declined by 3.3 million barrels from the previous week.
If WTI oil climbs above the 50 MA at $71.02, it will head towards the resistance at $73.00 – $73.50.
Brent Oil
Brent oil is moving higher amid worries about supplies from Venezuela. U.S. will impose 25% tariffs on countries that buy Venezuelan oil.
A move above the 50 MA at $74.36 will open the way to the test of the resistance at $77.00 – $77.50.
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 forecastsFor a look at all of today’s economic events, check out our economic calendar.
