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Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds After Yesterday’s Sell-Off
Natural Gas: chart Natural gas rebounds from recent lows despite low natural gas demand and bearish weather forecasts. In case natural gas manages to settle above the resistance at $3.00 – $3.05, it will have a good chance to gain sustainable upside momentum. WTI Oil: chart WTI oil moved away from session lows but traders remained cautious as Treasury yields tested new highs. From the technical point of view, WTI oil received support near the $86.00 – $87.30 area and may try to gain additional upside momentum in the upcoming trading sessions. Brent Oil: chart Brent oil has also moved higher amid a broad ... (full story)