Natural Gas and Oil Forecast: Ceasefire Holds — WTI Reclaims $101, Brent Holds $106 — NatGas Struggles at $2.92?

WTI is bouncing above $100 and targeting $103, while Brent is holding its ascending channel near $106.84; both crude benchmarks are shifting back to supply-demand fundamentals as geopolitical risk fades. Natural gas remains capped below $2.945 with a bearish bias, signaling continued weakness in that market. Overall tone is mixed but largely technical rather than event-driven.

Analysis

WTI is bouncing above $100 and targeting $103, while Brent is holding its ascending channel near $106.84; both crude benchmarks are shifting back to supply-demand fundamentals as geopolitical risk fades. Natural gas remains capped below $2.945 with a bearish bias, signaling continued weakness in that market. Overall tone is mixed but largely technical rather than event-driven.