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Natural gas stays above $3.00; WTI and Brent oil rise amid Middle East tensions and supply concerns.

Market News
28 Oct 2026, 21:48 WIB
FXEmpire
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Bullish
Natural gas stays above $3.00; WTI and Brent oil rise amid Middle East tensions and supply concerns.

Natural gas prices remain stable above $3.00, supported by mild weather forecasts and anticipation of the upcoming EIA report. WTI crude oil prices climbed above $100, driven by a larger-than-expected drop in U.S. crude inventories and rising geopolitical risks related to Iran and Middle East tensions. Brent oil also gained, with traders betting on potential escalation in the Middle East, pushing prices toward key resistance levels. The energy market is closely watching geopolitical developments and inventory data for further direction.

Natural gas and oil price forecasts provide context for energy market conditions. For readers following these commodities, here is Pluang's market snapshot as of Oct 29, 2026 00:22 WIB: Of 150 priced US stocks tradable on Pluang, 71 rose and 79 fell. Notable movers include VALE at USD 11.43 with a 1-day change of -3.46%, MRNA at USD 215.00 up 3.38%, and FIRY at USD 12.10 up 3.33%.

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