Energy Update: Natural Gas Surges 3.49% – RSI at 65
📊 Market Overview
Report Date: November 03, 2025
| Commodity | Price | Daily Change (%) | MA21 | MA50 | MA100 | MA200 | RSI | MACD |
|---|---|---|---|---|---|---|---|---|
| Crude Oil (WTI) | $60.75 | -0.38% | $59.70 | $61.46 | $62.53 | $62.93 | 51.68 | -0.15 |
| Brent Oil | $65.06 | +0.09% | $63.88 | $65.59 | $66.34 | $66.69 | 52.42 | -0.15 |
| Natural Gas | $4.27 | +3.49% | $3.93 | $3.90 | $4.12 | $4.46 | 64.63 | 0.05 |
⚡ Crude Oil (WTI)
Technical Analysis
Crude Oil (WTI) is currently trading at $60.75, reflecting a daily change of -0.38%. The price is situated just above the 21-day moving average (MA21) of $59.70, indicating short-term bullish momentum. However, the proximity to the MA50 at $61.46 suggests potential resistance in the short term. The longer-term moving averages (MA100 at $62.53 and MA200 at $62.93) further validate this resistance zone.
The Relative Strength Index (RSI) at 51.68 indicates neutral momentum, suggesting that while upward potential exists, there is no strong overbought or oversold signal at present. The Moving Average Convergence Divergence (MACD) reading of -0.15 supports this neutral sentiment, reflecting waning bullish momentum.
In summary, while WTI has short-term support around the MA21, it faces considerable resistance near $61.46. A close above this level could
⚡ Brent Oil
Market News
No significant recent developments in the Brent Oil market have emerged in the last 12 hours following November 02, 2025, 09:28 PM. Brent crude prices have remained relatively stable, hovering around recent levels without notable shifts driven by supply disruptions, demand fluctuations, or geopolitical events. Inventory reports show no unexpected changes, and production adjustments from major players appear unchanged. Market sentiment remains cautious, with traders awaiting further cues on global economic indicators. In the absence of fresh catalysts like weather disruptions or policy announcements, near-term price movements are likely to stay range-bound, potentially testing support near $60 per barrel unless new data alters the balanced outlook.
Technical Analysis
Brent Oil is currently trading at $65.06, reflecting a modest daily change of 0.09%. The price is perched just above the 21-day moving average (MA21) at $63.88, indicating a short-term bullish sentiment. However, it remains below the 50-day MA of $65.59, suggesting potential resistance. Further ahead, the 100-day MA at $66.34 and the 200-day MA at $66.69 will serve as critical resistance levels to watch.
The Relative Strength Index (RSI) at 52.42 indicates a neutral momentum, suggesting that neither buyers nor sellers have a distinct advantage. The MACD value of -0.15 reinforces this view, indicating bearish momentum weakening but not yet showing a definitive buy signal.
Overall, Brent Oil appears to be in a consolidation phase. A sustained break above the 50-day MA could signal a bullish outlook, while a fall below the 21-day MA may open the door
⚡ Natural Gas
Technical Analysis
Natural Gas is currently trading at $4.27, reflecting a noteworthy daily increase of 3.49%. The recent rally has pushed the price above the key moving averages: MA21 at $3.93 and MA50 at $3.90, indicating a bullish trend in the short term. However, the proximity of the price to the MA200 at $4.46 suggests potential resistance in the near future.
The RSI at 64.63 indicates that Natural Gas is approaching overbought territory, although it still has room for further appreciation without a reversal. The MACD reading of 0.05 highlights a developing bullish momentum, albeit at a cautious level, warranting close monitoring for any signs of a trend reversal.
Overall, Natural Gas appears poised for continued upward movement, with immediate support at MA21. However, traders should remain vigilant of the resistance at MA200 and the implications of overbought conditions as they strategize.
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