Natural gas prices pulled back after a strong rally driven by cooler weather forecasts, with key support levels at $3.20 and $3.00. Traders are taking profits, but momentum could build if prices rise above $3.30. Meanwhile, WTI and Brent oil prices remain steady as traders monitor ongoing US-Iran negotiations and Russia-Ukraine talks. Although no breakthroughs occurred, the potential for renewed talks and US economic pressure on Iran create uncertainty. Oil prices face resistance near $88 for WTI and $96 for Brent, with support levels around $85 and $91 respectively. The geopolitical situation continues to influence commodity markets, with investors cautious about escalation risks and economic impacts.
Natural gas and oil price forecasts provide context for energy markets. As of Nov 12, 2026 00:01 WIB, 71 of 79 priced Energy-sector US stocks on Pluang rose today. Notable movers include Centrus Energy Corp (LEU) at USD 116.70 with a 6.22% increase and Venture Global Inc. (VG) at USD 12.74 up 6.21%.
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