Natural Gas and Oil Forecast: Will U.S. Policy Shifts Boost Energy Demand?

Market Overview

Geopolitical tensions and policy changes are shaping the energy market outlook. Oil prices slipped as regional risks appeared contained, reducing concerns of supply disruptions. However, China’s commitment to ramping up economic stimulus provided support, with expectations of heightened crude demand from the world’s largest importer.

Meanwhile, investors remain cautious ahead of the U.S. Federal Reserve’s rate decision, with a potential cut likely to boost energy demand.

Despite near-term uncertainties, China’s increased oil imports and plans for monetary easing signal optimism for the crude market, while natural gas prices remain sensitive to geopolitical developments and broader economic conditions.

Natural Gas Price Forecast

Natural Gas (NG) is trading at $3.07, down 0.74%, as price action consolidates near its pivot point at $3.14. A symmetrical triangle pattern highlights indecision in the market, with immediate support at $3.00 and next at $2.90. On the upside, resistance stands at $3.27, followed by $3.38.

Technical indicators suggest mixed momentum. The 50-day EMA at $3.15 acts as a key short-term resistance, while the 200-day EMA at $2.99 offers a strong support base.

A sustained move above $3.14 would confirm a bullish breakout, targeting higher levels, while a breach below could trigger a sharper sell-off.

WTI Oil Price Forecast

USOIL is trading at $71.78, down 0.11%, as the price hovers just below its pivot point at $71.79. A cautious bearish tone prevails, with immediate support at $71.33 and further downside potential toward $70.82. Resistance is noted at $72.42 and $72.86, levels that could signal bullish momentum if breached.

The 50-day EMA at $72.03 aligns closely with the pivot point, acting as a key resistance, while the 200-day EMA at $72.62 underscores longer-term bearish sentiment. A sustained break below $71.79 may trigger further selling pressure, while a close above could shift sentiment to the upside.

Brent Oil Price Forecast

UKOIL is trading at $67.99, down 0.17%, as prices consolidate around the pivot point at $67.77. The bearish momentum suggests caution, with immediate support at $67.45 and deeper levels at $66.94 and $66.51. Resistance lies at $68.29, with further hurdles at $68.62 and $69.13, which could cap any recovery.

The 50-day EMA at $68.24 adds to near-term pressure, while the 200-day EMA at $68.85 highlights a broader bearish trend. A sustained break below $67.77 could accelerate selling, targeting the $66.94 zone. Conversely, a close above $68.29 might spark renewed bullish sentiment.