Brent crude is holding near $112 and targeting $119 as Hormuz disruption risk keeps prices elevated, while WTI is defending $103 support. Natural gas remains weak, struggling to break above bearish channel resistance at $2.83. The piece highlights geopolitical supply risk for oil and technically driven pressure in gas, with a modest market-wide energy impact.
Brent crude is holding near $112 and targeting $119 as Hormuz disruption risk keeps prices elevated, while WTI is defending $103 support. Natural gas remains weak, struggling to break above bearish channel resistance at $2.83. The piece highlights geopolitical supply risk for oil and technically driven pressure in gas, with a modest market-wide energy impact.
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neutral
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0.15
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