Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Session Lows As Traders Stay Bullish
Portfolio Pulse from
Energy markets show resilience as WTI and Brent oil prices rebound, driven by potential Iran sanctions and OPEC+ output cut plans. Natural gas also attempts recovery after recent sell-off, with traders monitoring key technical levels.
March 21, 2025 | 6:15 pm
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POSITIVE IMPACT
United States Oil Fund may benefit from bullish sentiment in WTI and Brent oil markets, with potential price movement towards key resistance levels.
Positive market sentiment, potential Iran sanctions, and OPEC+ output cuts suggest upward pressure on oil prices, which could benefit USO.
CONFIDENCE 70
IMPORTANCE 75
RELEVANCE 80