Energy Update: Natural Gas Rallies 2.88%
📊 Market Overview
Report Date: October 31, 2025
| Commodity | Price | Daily Change (%) | MA21 | MA50 | MA100 | MA200 | RSI | MACD |
|---|---|---|---|---|---|---|---|---|
| Crude Oil (WTI) | $60.33 | -0.40% | $59.66 | $61.49 | $62.56 | $62.97 | 49.79 | -0.27 |
| Brent Oil | $64.64 | -0.55% | $63.86 | $65.58 | $66.34 | $66.68 | 50.43 | -0.18 |
| Natural Gas | $4.07 | +2.88% | $3.92 | $3.88 | $4.13 | $4.46 | 57.55 | 0.02 |
⚡ Crude Oil (WTI)
Technical Analysis
Crude Oil (WTI) is currently trading at $60.33, reflecting a daily decline of 0.40%. Analyzing moving averages, the price is situated above the 21-day MA of $59.66 but below the key resistance levels indicated by the 50-day MA at $61.49 and the 100-day MA at $62.56. The 200-day MA at $62.97 serves as a long-term resistance level, suggesting potential upward pressure if breached.
Momentum indicators are neutral; the RSI at 49.79 indicates neither overbought nor oversold conditions, while the MACD at -0.27 suggests bearish momentum, albeit weakening. Key support is found at $59.66 (MA21), which, if lost, could lead to further downside. Conversely, a sustained move above the 50-day MA could signal a bullish reversal. The outlook for WTI remains cautiously optimistic but requires decisive movements through key moving average levels for a
⚡ Brent Oil
Technical Analysis
Brent Oil is currently priced at $64.64, reflecting a daily decline of 0.55%. The price is situated above the 21-day moving average (MA21) at $63.86, which may act as immediate support. However, it remains below the longer-term moving averages, with the 50-day MA at $65.58 and the 100-day MA at $66.34, suggesting potential resistance levels.
The Relative Strength Index (RSI) stands at 50.43, indicating a neutral momentum and a lack of clear directional strength in the short term. Meanwhile, the MACD is at -0.18, which may suggest bearish sentiment, though not decisively so.
Overall, Brent Oil appears to be in a consolidation phase. A breach below $63.86 could signal a continuation of downward momentum, while a breakout above $65.58 may attract bullish interest. Traders should monitor these key levels closely for potential trend reversals.
⚡ Natural Gas
Technical Analysis
Natural gas is currently trading at $4.07, reflecting a daily increase of 2.88%. This upward movement positions the price above the 21-period moving average (MA21) at $3.92, suggesting a short-term bullish trend. The 50-period moving average (MA50) at $3.88 further reinforces this momentum. However, the price remains below the 100-period MA at $4.13, indicating potential resistance in the near term.
The Relative Strength Index (RSI) at 57.55 suggests that the market is not overbought, allowing for further price appreciation. The MACD of 0.02 indicates a weak bullish signal, but it has the potential to gain strength if the price breaks above the resistance level at the 100-period MA.
Overall, the technical outlook for natural gas remains cautiously optimistic, with immediate support around the $3.92 level and resistance at $4.13. Continued bullish momentum could test the
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