Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Lows As Pullback Continues
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Oil markets are experiencing a downturn as traders anticipate executive orders from Trump. WTI Oil and Brent Oil are testing new lows amid this pullback.
January 20, 2025 | 7:00 pm
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NEGATIVE IMPACT
Brent Oil is also testing new lows as traders await Trump's executive orders, contributing to the ongoing pullback in oil prices.
Similar to WTI, Brent Oil is affected by the anticipation of Trump's executive orders, leading to a decrease in prices as traders brace for potential regulatory impacts.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
WTI Oil is testing new lows as the market anticipates potential executive orders from Trump, leading to a pullback in oil prices.
The anticipation of executive orders from Trump is causing uncertainty in the oil markets, leading to a decrease in WTI Oil prices as traders react to potential regulatory changes.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80