Oil markets gain ground as President Trump will soon make an additional statement on negotiations with Russia.
Oil traders also focus on the new 50% tariff on Indian goods.
Natural gas coiling near $2.81, WTI near $63, Brent near $66. Technical pressure builds as traders watch triangle breakouts for direction.
Oil markets are losing ground as traders stay focused on geopolitical developments.
Recent attacks on Russian oil pipeline raised worries about safety of Russian oil supply.
WTI crude consolidates near $64, Brent holds its rebound, and natural gas remains pressured under resistance. Key levels define market direction.
Oil prices are moving higher as traders bet on dovish Fed.
WTI holds the 200-day MA as Ukraine tensions and a bullish crude inventory draw shape a cautiously bullish short-term oil outlook.
Brent crude eyes $70 amid bullish momentum, while natural gas futures face downside risks with sellers in control under key EMAs.
Traders try to evaluate the possibility of additional sanctions on Russia.

W&T Offshore: The Momentum May Have Turned

06:31am, Thursday, 21'st Aug 2025
The last few years have been difficult for WTI's stock. The dispute with WTI's surety providers which posed a solvency risk appears to be resolved. Momentum is turning around and the 50 DMA closed abo
WTI climbs to $63 on sharp inventory draw, but oversupply fears and OPEC+ output keep energy markets volatile.
The EIA report provided support to oil prices.
Gasoline inventories decreased by 2.7 million barrels from the previous week.

Natural Gas and Oil Forecast:

09:23am, Wednesday, 20'th Aug 2025
Market Overview   Natural Gas Price Forecast Natural Gas (NG) Price Chart Natural Gas (NG)   WTI Oil Price Forecast WTI Price Chart USOIL   Brent Oil Price Forecast Brent Price Chart UKOIL
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