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Natural Gas, WTI Oil, Brent Oil – Oil Markets Rebound From Session Lows Amid Rising Appetite For Risk - FX Empire

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Natural Gas, WTI Oil, Brent Oil - Oil Markets Rebound From Session Lows Amid Rising Appetite For Risk

Natural Gas, WTI Oil, Brent Oil – Oil Markets Rebound From Session Lows Amid Rising Appetite For Risk
Published: Mar 24, 2023, 17:27 UTC•1min read Traders bet that the banking crisis will have a limited impact on demand for oil. Mentioned in Article Natural Gas $2.1835+1.75% WTI Oil $69.097 -0.43% Brent Oil $74.995 -0.83%

Key Insights

- Natural gas prices continue to trade near the $2.20 level.
- WTI oil climbed back above the $69 level.
- Brent oil is trying to settle above $74.50.

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Natural Gas

Natural gas remains stuck near the $2.20 level as traders wait for catalysts. From a big picture point of view, the market sentiment remains bearish, and natural gas will need significant catalysts to break the current trend.

WTI Oil

Brent Oil

Brent oil is currently trying to settle back above the $74.50 level. In case this attempt is successful, Brent oil will move towards the resistance at the $76 level.

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