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Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Slides From Session Highs
Natural Gas: chart Natural gas rallied as traders focused on tariffs, which were imposed on Canada. Colder weather forecasts provided additional support to natural gas markets. If natural gas settles above the $3.35 level, it will move towards the next resistance at $3.55 – $3.60. WTI Oil: chart WTI oil pulled back as U.S. tariffs on Mexico were paused for a month after the countries reached a border deal. A move below the 50 MA at $72.15 will open the way to the test of the psychologically important $70.00 level. Brent Oil: chart Brent oil has also pulled back from session highs as traders reacted to recent ... (full story)