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Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Session Lows
Natural Gas: chart Natural Gas is losing ground after an unsuccessful attempt to settle above the $2.00 level. In case natural gas settles below $1.90, it will gain additional downside momentum and move towards the support at $1.60 – $1.65. WTI Oil: chart WTI oil pulls back as traders react to the disappointing CB Consumer Confidence report and focus on tomorrow’s Fed Interest Rate Decision. Israeli Prime Minister Benjamin Netanyahu has recently said that the country would carry out an operation against Hamas in Rafah in any case, which could provide some support to oil markets. From the technical point of ... (full story)