Market Analysis Summary - Natural Gas and Oil Forecasts

Date: July 11, 2025

Key Highlights

• Natural gas markets experienced a pullback ahead of the weekend.
• WTI oil prices increased as traders anticipated potential sanctions on Russia.
• Brent oil prices rose above the $70.00 mark.

Natural Gas Analysis

Natural gas attempted to break through resistance levels between $3.35 and $3.40 but lost momentum, leading to a pullback. If prices fall below $3.30, they are expected to test support levels around $3.05 to $3.10.

WTI Oil Analysis

WTI oil saw a rally as traders focused on the implications of potential sanctions against Russia. U.S. President Donald Trump indicated he would make a significant announcement regarding Russia on Monday. If WTI oil can maintain levels above $69.00, it may target resistance levels between $71.50 and $72.00.

Brent Oil Analysis

Brent oil prices are also on the rise, driven by concerns that sanctions on Russia could disrupt supply chains. The Relative Strength Index (RSI) indicates that there is room for further upward momentum if favorable catalysts emerge.

Conclusion

The market is currently reacting to geopolitical tensions and potential sanctions, which are influencing oil prices significantly. Traders are advised to monitor these developments closely as they could lead to further volatility in the energy markets.

Author Information

This analysis was authored by Vladimir Zernov, an independent trader with over 18 years of experience in the financial markets, specializing in various instruments including stocks, futures, forex, indices, and commodities.