Natural Gas and Oil Forecast: WTI Defends $69.64 While Brent Holds $73.06 — NatGas Eyes Higher?

U.S. crude inventories remained near minimum operating levels while refined product demand stayed firm, supporting energy prices. WTI held $69.64 and Brent defended $73.06, with Natural Gas rising in its upward channel toward $3.220 as ongoing economic activity underpinned demand.

Analysis

U.S. crude inventories remained near minimum operating levels while refined product demand stayed firm, supporting energy prices. WTI held $69.64 and Brent defended $73.06, with Natural Gas rising in its upward channel toward $3.220 as ongoing economic activity underpinned demand.