Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Highs As U.S. – China Trade Talks Start In London

Natural Gas

Natural gas is trying to settle below the nearest support level, which is located in the $3.60 – $3.65 range.

If natural gas settles below the $3.60 level, it will head towards the next support at $3.35 – $3.40.

WTI Oil

WTI oil gains ground as traders wait for the results of U.S. – China trade talks in London.

If WTI oil manages to settle above the resistance at $66.00 – $66.50, it will head towards the next resistance level at $71.50 – $72.00.

Brent Oil

Brent oil tests resistance at $67.00 – $67.50 as traders stay bullish at the start of the week.

A successful test of this level will open the way to the test of the next resistance at $71.00 – $71.50.

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