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Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Houthis Claim They Attacked U.S. Military Cargo Vessel
Natural Gas: chart Natural gas tested new lows as traders prepared for warm weather from January 23 to February 4. If natural gas stays below the $2.45 level, it will head towards the next support at $2.10 – $2.15. WTI Oil: chart WTI oil gains ground as Houthis claim they have attacked U.S. military cargo ship in Gulf of Aden. In case WTI oil settles above the $75.00 level, it will head towards the resistance, which is located in the $79.00 – $80.00 range. Brent Oil: chart Brent oil moved above the $80.00 level as traders focused on rising tensions in the Middle East. RSI is in the moderate territory, so ... (full story)