Natural Gas and Oil Forecast: Key Insights

Published: February 25, 2026

Author: Arslan Ali

Market Overview

Oil prices are experiencing upward pressure due to geopolitical tensions, with Brent crude rising by 0.6% to $71.20 per barrel and WTI crude also increasing by 0.6% to $66.01 per barrel. This surge is attributed to concerns over potential supply disruptions from OPEC countries and the broader Middle East.

Crude Oil Inventory Insights

Recent data indicates a significant increase in U.S. crude inventories, with a rise of 11.43 million barrels. This imbalance in supply and demand is causing volatility in the oil markets, as traders await official confirmation from the EIA regarding inventory levels.

Natural Gas Market Analysis

Natural gas prices have slipped below the $2.854 support level, now acting as resistance. Currently trading around $2.827, the market is showing signs of a downtrend, with the potential for further declines towards $2.70 if the $2.80 level is breached. The RSI indicates fading momentum, suggesting a cautious outlook for natural gas prices.

WTI Crude Oil Price Predictions

WTI crude is currently positioned at $65.89, just above the critical support level of $65.50. The market is consolidating, with smaller candlestick formations indicating a lack of strong selling pressure. If WTI can maintain above $65.50, the next resistance levels to watch are $66.54 and $67.29. Conversely, a drop below $65.20 could lead to further declines towards $64.77.

Brent Crude Oil Price Predictions

Brent crude is trading near $70.81, having bounced back from the $70.22 support zone, which coincides with a key Fibonacci level. The market remains supported by a rising trendline and moving averages, with potential resistance at $71.02. A successful break above $71.10 could target $72.30, while a drop below $69.50 would signal a bearish outlook.

Conclusion

The oil and natural gas markets are currently influenced by geopolitical factors and inventory data, leading to a volatile trading environment. Traders are advised to monitor key support and resistance levels closely as they navigate these markets.