{"id":26184,"date":"2023-06-17T23:06:55","date_gmt":"2023-06-18T02:06:55","guid":{"rendered":"https:\/\/tiproject.online\/index.php\/2023\/06\/17\/natural-gas-wti-oil-brent-oil\/"},"modified":"2023-06-17T23:06:55","modified_gmt":"2023-06-18T02:06:55","slug":"natural-gas-wti-oil-brent-oil","status":"publish","type":"post","link":"https:\/\/tiproject.online\/index.php\/2023\/06\/17\/natural-gas-wti-oil-brent-oil\/","title":{"rendered":"Natural Gas, WTI Oil, Brent Oil"},"content":{"rendered":"

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Natural Gas 160623 4H Chart<\/figcaption>

Natural gas<\/a> prices continue to move higher as traders react to the hot weather in Texas<\/a>, which boosts demand for natural gas.<\/p>\n

Currently, natural gas is trying to settle above the strong resistance near the $2.60 level. RSI is in the overbought territory, so it remains to be seen whether natural gas will manage to climb above this level in the near term.<\/p>\n<\/div>\n<\/div>\n

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WTI Oil 160623 4H Chart<\/figcaption>

WTI oil<\/a> continues to move higher as traders bet that OPEC+ production cuts would help to balance the market while China\u2019s economic stimulus provides additional support.<\/p>\n

From the technical point of view, WTI oil rebounded from the strong support area and is heading towards the resistance in the $72.15 \u2013 $73.15 area.<\/p>\n

Brent Oil<\/h2>\n
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Brent Oil 160623 4H Chart<\/figcaption>

Brent oil<\/a> is also moving higher ahead of the weekend as traders bet that the bottom has been formed.<\/p>\n

It should be noted that Brent oil continues to trade in a wide trading range, and it needs to climb above the $78.50 level to have a chance to develop sustainable upside momentum.<\/p>\n

For a look at all of today\u2019s economic events, check out our economic calendar<\/a>.<\/p>\n<\/div>\n<\/div>\n

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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

[ad_1] Natural Gas 160623 4H ChartNatural gas prices continue to move higher as traders react to the hot weather in Texas, which boosts demand for natural gas. Currently, natural gas is trying to settle above the strong resistance near the $2.60 level. RSI is in the overbought territory, so it remains to be seen whether natural gas will manage to climb above this level in the near term. WTI Oil 160623 4H ChartWTI oil continues to move higher as traders bet that OPEC+ production cuts would help to balance the market while China\u2019s economic stimulus provides additional support. From the technical point of view, WTI oil rebounded from the strong support area and is heading towards the resistance in the $72.15 \u2013 $73.15 area. Brent Oil Brent Oil 160623 4H ChartBrent oil is also moving higher ahead of the weekend as traders bet that the bottom has been formed. It should be noted that Brent oil continues to trade in a wide trading range, and it needs to climb above the $78.50 level to have a chance to develop sustainable upside momentum. For a look at all of today\u2019s economic events, check out our economic calendar. [ad_2] Source link<\/p>\n","protected":false},"author":1,"featured_media":26185,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-26184","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/26184","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/comments?post=26184"}],"version-history":[{"count":0,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/26184\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media\/26185"}],"wp:attachment":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media?parent=26184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/categories?post=26184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/tags?post=26184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}