Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Prices Fall 7% On Possible Iran Deal
Oil markets tested new lows as President Trump said that negotiations were “proceeding nicely”.
Oil markets tested new lows as President Trump said that negotiations were “proceeding nicely”.
With geopolitical risk premium largely removed, oil benchmarks weakened on technical selling while natural gas showed resilience. WTI confirms bearish breakdown targeting $89.96, Brent retests channel floor at $95.79, and NatGas builds momentum above $2.80.
Elusive Iran peace talks and supply risks keep the bullish case for energy markets intact. Check these energy ETFs to ride the upside.
Recent reports suggest that U.S. and Iran could reach a deal soon.
Oil and Natural Gas trade calmly as the Middle East truce holds firm. WTI suffers channel breakdown to $98.85, Brent tests lower support, and Natural Gas rebounds strongly toward $3.15 on positive RSI and volume.
Oil prices rebound as Hormuz supply risks, falling U.S. inventories and bullish technical patterns keep WTI and Brent supported despite short-term corrections.
According to recent reports, President Trump said that U.S. was in the final stages of talks with Iran.
With geopolitical risk premium largely removed, oil benchmarks show constructive bullish action. WTI reclaims $103.69 defending channel support, Brent holds firm near $110.69, while Natural Gas surges above $3.10 with strong momentum.
President Trump said that U.S. will hit Iran in case negotiations fail.
One month-plus into the truce, supply-demand dynamics dominate as US production stays robust and OPEC+ adjusts output. WTI defends blue channel support with strong bounce, Brent holds firm, and NatGas tests descending channel ceiling at $3.02–$3.05.
Oil markets test new highs amid rising geopolitical risks.
Geopolitical fears intensified after Trump's remarks over the weekend raised oil prices, reigniting volatility and strengthening the case for defensive ETF exposure.
WTI reclaims $102 inside a blue ascending channel as Hormuz disruptions cut 20% of global supply — bulls now eye $103–$105 resistance.
Oil markets gained strong upside momentum ahead of the weekend.
W&T Offshore NYSE: WTI reported first-quarter 2026 results that management said met or exceeded guidance across several operational and financial measures, helped by steady production, higher realized pricing and lower operating costs.
With geopolitical risk premium largely removed, oil and natural gas trade on supply-demand dynamics. WTI retreats to channel support at $98.75, Brent defends $107 with higher lows intact, and Natural Gas bounces toward $2.93–$2.94 resistance.
Oil markets are swinging between gains and losses as traders focus on Trump's recent comments.
Markets look resilient, but geopolitical and inflation risks still linger. Volatility ETFs could help investors hedge against potential downside risks.
With geopolitical risk premium lifted, oil benchmarks show resilience inside ascending channels. WTI bounces strongly above $101 targeting $103, Brent defends $105.96 channel support, while Natural Gas builds momentum toward $2.936.
Oil markets are losing ground as traders focus on the upcoming Trump – Xi meeting.