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Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Pull Back Ahead Of The Weekend
Natural Gas: chart Natural gas tests new highs as rally continues. Traders focus on Arctic blast forecast, which is bullish for natural gas. In case natural gas manages to settle above the $3.80 level, it will head towards the nearest resistance at $4.00 – $4.05. WTI Oil: chart WTI oil pulled back as traders reacted to the weaker-than-expected Retail Sales report from the U.S. and worried about the potential slowdown of the economy. In case WTI oil manages to settle below the psychologically important $70.00 level, it will move towards the next support level at $67.00 – $67.50. Brent Oil: chart Brent oil ... (full story)