Natural Gas & Oil Price Forecast: WTI Rebounds, Brent Eyes EMA Breakout as Hormuz Risks Persist

WTI and Brent are attempting to extend their recovery as Middle East supply risks persist, supporting crude prices. In contrast, natural gas remains under pressure and is trading below key moving averages, keeping near-term downside risk for gas. Overall tone is mixed—crude firms on geopolitical supply risk, while gas weakness limits broader energy momentum.

Analysis

WTI and Brent are attempting to extend their recovery as Middle East supply risks persist, supporting crude prices. In contrast, natural gas remains under pressure and is trading below key moving averages, keeping near-term downside risk for gas. Overall tone is mixed—crude firms on geopolitical supply risk, while gas weakness limits broader energy momentum.