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Oil prices diverge as WTI crashes to $70.45 while Brent holds $74.12; natural gas rises amid stable supply and demand.

Market News
26 Jun 2026
FXEmpire
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Neutral
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The US-Iran ceasefire has stabilized tanker traffic, influencing oil and gas markets. WTI crude oil fell sharply to $70.45 due to bearish technical signals, while Brent crude steadied at $74.12 with neutral to bullish momentum. Natural gas futures climbed to $3.286, supported by strong US production and balanced supply-demand dynamics. Market fundamentals show balanced oil supply with OPEC+ and US production offsetting demand, while natural gas benefits from record production and robust exports. Traders are advised to consider buying natural gas and Brent crude on pullbacks, and selling WTI crude amid ongoing downtrends.

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