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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 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<\/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>\nBrent Oil<\/h2>\n