Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Dives 2.5% Amid Global IT Outage

Natural Gas

Natural gas gains some ground as traders stay focused on the bullish EIA report, which was released on Thursday.

If natural gas climbs above the $2.15 level, it will move towards the resistance at $2.25 – $2.30.

WTI Oil

WTI oil is losing ground as traders focus on the major IT outage, which caused disruptions in various industries.

A move below the support at $79.00 – $80.00 will push WTI oil towards the next support level at $75.50 – $76.50.

Brent Oil

Brent oil is losing ground as traders stay focused on potential problems of China’s economy.

From the technical point of view, Brent oil settled below the support at $84.50 – $85.00 and is moving towards the next support level at $81.50 – $82.00.

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