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Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As Gasoline Inventories Fall
Natural Gas: chart Natural gas markets suffered a sell-off as traders focused on bearish changes in weather forecasts. In case natural gas declines below the support at $4.00 – $4.05, it will move towards the next support level at $3.65 – $3.70. WTI Oil: chart WTI oil gained ground as traders focused on the EIA report, which indicated that gasoline inventories declined by 5.7 million barrels from the previous week. If WTI oil manages to settle above the $67.50 level, it will move towards the psychologically important $70.00 level. Brent Oil: chart Brent oil is moving higher amid broad rally in the oil ... (full story)
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- Posted: Mar 12, 2025 3:27pm
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 64
