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Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Session Lows As Traders Stay Bullish

By:
Vladimir Zernov
Published: Mar 21, 2025, 18:02 GMT+00:00

Key Points:

  • Natural gas is trying to settle back above the $4.00 level.
  • WTI oil moved back above $68.00 as traders bet on tight supply.
  • Brent oil rebounded from session lows and climbed above the $72.00 level.
Natural Gas, WTI Oil, Brent Oil Forecasts
In this article:

Natural Gas

Natural Gas
Natural Gas 210325 Daily Chart

Natural gas attempts to rebound after yesterday’s sell-off, which was triggered by the disappointing EIA report.

If natural gas climbs above the $4.05 level, it will move towards the resistance level at $4.25 – $4.30.

WTI Oil

WTI Oil
WTI Oil 210325 Daily Chart

WTI oil rebounded from session lows as traders remained focused on new Iran-related sanctions and OPEC+ plans to cut output for members who have previously exceeded their quotas.

If WTI oil settles above recent highs at $68.70, it will move towards the psychologically important $70.00 level.

Brent Oil

Brent Oil
Brent Oil 210325 Daily Chart

Brent oil managed to climb back above the $72.00 level as traders remained bullish ahead of the weekend.

In case Brent oil settles above $72.00, it will head towards the 50 MA at $74.84.

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

About the Author

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.

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