Energy Update: Natural Gas Rallies 2.59% – RSI at 63
📊 Market Overview
Report Date: November 03, 2025
| Commodity | Price | Daily Change (%) | MA21 | MA50 | MA100 | MA200 | RSI | MACD |
|---|---|---|---|---|---|---|---|---|
| Crude Oil (WTI) | $61.01 | +0.05% | $59.72 | $61.47 | $62.54 | $62.93 | 53.06 | -0.13 |
| Brent Oil | $65.06 | +0.09% | $63.88 | $65.59 | $66.34 | $66.69 | 52.42 | -0.15 |
| Natural Gas | $4.23 | +2.59% | $3.93 | $3.89 | $4.12 | $4.46 | 63.47 | 0.04 |
⚡ Crude Oil (WTI)
Technical Analysis
Crude Oil (WTI) is currently trading at $61.01, reflecting a minor daily change of 0.05%. The price remains nestled between the 21-day moving average (MA21) at $59.72 and the 50-day moving average (MA50) at $61.47, suggesting a possible consolidation phase. The resistance levels appear around the MA100 ($62.54) and the MA200 ($62.93), indicating key hurdles for further upward movement.
The Relative Strength Index (RSI) is at 53.06, signaling neutral momentum, while the MACD value of -0.13 indicates a slight bearish trend but lacks strong confirmation. Overall, the price action in the near term appears stable but could be influenced by external factors. A sustained break above the MA50 could suggest a bullish trend, while failure to hold above the MA21 might lead to retesting lower support levels. Traders should watch these key levels for insights into potential market direction
⚡ Brent Oil
Technical Analysis
Brent Oil is currently trading at $65.06, reflecting a minor daily change of 0.09%. The price remains just below the 50-day moving average (MA50) at $65.59, indicating short-term resistance. The 21-day moving average (MA21) at $63.88 serves as immediate support, providing a potential floor for prices. Moreover, the longer-term indicators, including the 100-day (MA100) and 200-day (MA200) moving averages at $66.34 and $66.69, respectively, suggest a bearish bias if the price fails to break through these levels.
Momentum indicators reveal a neutral sentiment; the Relative Strength Index (RSI) at 52.42 indicates no overbought or oversold conditions, while the MACD at -0.15 suggests a slight bearish momentum. Overall, Brent Oil is at a critical juncture; a break above MA50 could trigger bullish sentiment, while failure to hold near
⚡ Natural Gas
Technical Analysis
Natural gas is currently trading at $4.23, reflecting a daily increase of 2.59%. The recent price action appears bullish, breaking above the 21-day moving average (MA21) of $3.93, which signifies strong upward momentum and a potential shift in market sentiment. Notably, the 50-day moving average (MA50) is also below the current price, reinforcing the short-term bullish case.
The RSI stands at 63.47, indicating that the market is approaching overbought conditions, but still offers room for further upside before a potential correction. Conversely, the MACD at 0.04 suggests a weakening momentum; however, a crossover above zero could signal continued bullish momentum.
Key resistance levels are identified at the MA200 of $4.46, while support is firmly established at the MA50 of $3.89. Overall, the outlook remains cautiously optimistic, contingent on sustained momentum and broader market factors. A breach of $4.46 could
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