Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back As Russia And Ukraine Agree To Ceasefire In Black Sea

By:

Vladimir Zernov

Published: Mar 25, 2025, 18:49 GMT+00:00

Key Points:

Natural gas retreats as weather forecasts point to low demand until the end of March.
WTI oil moved lower as Russia and Ukraine agreed to a ceasefire in Black Sea.
Brent oil pulled back below the $73.00 level.

In this article:

Natural Gas

-0.23%

WTI Oil

+0.17%

Brent Oil

+0.41%

Natural Gas

Natural Gas 250325 Daily Chart

Natural gas is losing ground as traders stay focused on warm weather forecasts. Demand for natural gas is expected to stay low until the end of the month.

If natural gas settles below the $3.85 level, it will move towards the support level at $3.70 – $3.75.

WTI Oil

WTI Oil 250325 Daily Chart

WTI oil pulled back from session highs as Russia and Ukraine agreed to Black Sea truce.

In case WTI oil settles below the $68.50 level, it wil head towards the nearest support, which is located in the $67.00 – $67.50 range.

Brent Oil

Brent Oil 250325 Daily Chart

Brent oil is losing some ground as traders focus on geopolitical devolopments and wait for additional catalysts.

A move below the $72.50 level will push Brent oil towards the support at $71.00 – $71.50.

For a look at all of today’s economic events, check out our economic calendar.

About the Author

Vladimir Zernovauthor

Vladimir is an independent trader, with over 18 years of experience in the financial markets. His expertise spans a wide range of instruments like stocks, futures, forex, indices, and commodities, forecasting both long-term and short-term market movements.