Oil and gas forecast: Brent up 6% in June, WTI at $81.85

Natural Gas (NG) is currently trading at $2.56, reflecting a decrease of 1.27%. The key pivot point is $2.60. Immediate resistance is at $2.66, followed by $2.76 and $2.83. On the downside, immediate support is at $2.52, with further support at $2.48 and $2.43.

Technical indicators show the 50-day exponential moving average (EMA) at $2.71 and the 200-day EMA at $2.77. The outlook is bearish below $2.60. A break above this level could move the market into a more bullish trend.

WTI Oil Price Forecast