Natural Gas and Oil Forecast: Supply Chain Disruptions Could Drive Price Swings

Market Overview

WTI crude oil prices climbed to $76.8 per barrel, with traders closely monitoring new policy measures and ongoing geopolitical tensions. Market sentiment remains cautious as uncertainty over potential trade tariffs on key energy exporters weighs on future demand expectations.

Meanwhile, plans to expand domestic energy production have added downward pressure on prices, leading to a 1% decline earlier this week. Lower geopolitical risk has provided some relief, but traders are awaiting further clarity on sanctions and supply chain disruptions that could impact market stability.

As tensions persist, energy markets are likely to experience heightened volatility in the near term.

Natural Gas Price Forecast

Natural Gas (NG) prices are currently at $3.485, down 0.53%, reflecting persistent bearish sentiment as the commodity struggles below the pivot point at $3.820. The price remains under pressure, trading below both the 50-day EMA at $3.891 and hovering near the 200-day EMA at $3.481, indicating a bearish outlook in the short term.

Immediate support is seen at $3.555, with further downside potential toward $3.330 if selling pressure continues. On the upside, resistance at $4.051 remains a key hurdle, with stronger barriers at $4.342.

A sustained break above the pivot could signal a reversal, while failure to hold current levels may invite further declines.

WTI Oil Price Forecast

U.S. crude oil (USOIL) is trading at $76.69, up 0.43%, yet it remains below the critical pivot point at $77.19, signaling caution among traders. The price is currently hovering near the 50-day EMA at $76.85, which is acting as a dynamic resistance level.

A sustained move above $77.19 could shift sentiment towards a bullish outlook, with potential resistance at $79.16 and $80.68.

On the downside, immediate support is seen at $75.21, followed by a stronger floor at $73.00, aligning with the 200-day EMA at $73.36. Until oil decisively breaks above the pivot, the market remains vulnerable to downside risks, with traders closely watching economic data and geopolitical developments.

Brent Oil Price Forecast

UK oil (UKOIL) is trading at $79.98, up 0.25%, maintaining a bullish stance above the key pivot point at $79.70. The price is currently holding above the 50-day EMA at $79.72, reinforcing short-term positive momentum. A sustained move higher could see oil testing immediate resistance at $80.89, with the next targets at $82.47, where selling pressure may emerge.

On the downside, support rests at $78.43, with a deeper cushion at $77.26, aligning with the 200-day EMA at $76.41, which serves as a critical long-term support zone. Traders should watch for a break below $79.70, which could shift sentiment and accelerate downside pressure, while holding above it keeps the outlook bullish in the near term.