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Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Loses Gains As Israel’s Retaliatory Attack Looks Limited
Natural Gas: chart Natural gas is mostly flat as traders are not ready for big moves ahead of the weekend. The market needs additional positive catalysts to gain sustainable upside momentum. The technical picture remains bearish, although natural gas managed to stay above the support at $1.60 – $1.65. WTI Oil: chart WTI oil pulled back from session highs as traders evaluated Israel’s strikes on Iran. According to recent reports, the retaliatory attack was limited, and traders expect that Iran would not strike back. As a result, WTI oil remains stuck in a wide range between the support at $79.00 – $80.00 and ... (full story)
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- Posted: Apr 19, 2024 2:40pm
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 288
