Market Analysis Summary: Natural Gas, WTI Oil, and Brent Oil Forecasts
Published: July 14, 2025
Author: Vladimir Zernov
Overview
The article provides an analysis of the current market conditions for natural gas, WTI oil, and Brent oil, highlighting recent price movements and forecasts based on market trends and geopolitical factors.
Natural Gas
Natural gas prices have seen a rally as traders react to bullish changes in weather forecasts, which suggest an increase in demand. The article notes that if natural gas prices remain above the $3.40 level, they are likely to move towards the resistance levels of $3.60 to $3.65.
WTI Oil
WTI oil has experienced a pullback towards the $67.00 level. This decline is attributed to the lack of immediate sanctions on Russian oil by U.S. President Donald Trump. Should WTI oil prices fall below the $66.00 mark, the next support level is anticipated at the 50-day moving average around $65.20.
Brent Oil
Brent oil has also faced a decline, moving towards the $69.00 level amid a broader pullback in the oil markets. A drop below this level could lead to testing the nearest support range between $67.50 and $68.00.
Conclusion
The article emphasizes the importance of monitoring weather forecasts for natural gas and geopolitical developments for oil prices. Traders are advised to keep an eye on key support and resistance levels as market conditions evolve.