Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Highs As Traders Bet On Iranian Supply Disruption

By:

Vladimir Zernov

Published: Jan 14, 2026, 18:52 GMT+00:00

Key Points:

Natural gas dives as traders focus on warm weather.
WTI oil continues to move higher as traders bet that U.S. will attack Iran.
Brent oil moved above the $66.00 level.

Natural Gas

Natural Gas 140126 Daily Chart

Natural gas is under strong pressure as traders focus on warm weather, which put pressure on demand.

RSI remains in the moderate territory, so there is plenty of room to gain additional downside momentum in case the right catalysts emerge.

WTI Oil

WTI Oil 140126 Daily Chart

WTI oil tests new highs as traders bet that U.S. will soon deliver strikes against Iran. Today, traders also had a chance to take a look at the EIA report. The report indicated that crude inventories increased by +3.4 million barrels, compared to analyst forecast of -2.2 million barrels.

The technical picture is bullish as WTI oil managed to settle above the resistance at $60.00 – $60.50.

Brent Oil

Brent Oil 140126 Daily Chart

Brent oil climbed above the $66.00 level as traders waited for U.S. actions against Iran.

A move above $67.00 will open the way to the test of the next resistance at $69.50 – $70.00.

If you’d like to know more about how to trade crude oil, please visit our educational area.

About the Author

Vladimir Zernovauthor

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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